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Helpful Articles - Incoterms

Spotlight on Incoterms – Spotlight on Incoterms – DDP (Delivered Duty Paid) Everything You Need to Know

Created by the International Chamber of Commerce, Incoterms are a series of three-letter designations that define responsibilities between buyers and sellers around the sale of goods, specifically related to transportation costs and liability. If you’re looking for more information on Incoterms, check out our other articles on this topic: The Complete Guide to All 11 of the 2010 Incoterms Rules Incoterms 2020 Rules: Everything You Need to Know Protect Your Bottom Line by Understanding These 5 Common Incoterms Negotiating terms in a contract to buy or sell goods can be tricky. However, knowing your Incoterms® can make the process much more straightforward.  By understanding these common, three-letter...

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Spotlight on Incoterms – DAP (Delivered at Place) Everything You Need to Know

Created by the International Chamber of Commerce, Incoterms are a series of three-letter designations that define responsibilities between buyers and sellers around the sale of goods, specifically related to transportation costs and liability. If you’re looking for more information on Incoterms, check out our other articles on this topic: The Complete Guide to All 11 of the 2010 Incoterms Rules Incoterms 2020 Rules: Everything You Need to Know Protect Your Bottom Line by Understanding These 5 Common Incoterms If you’re new to buying or selling goods, it might feel like your contract is written in another language. That the three-letter Incoterm® in your agreement is a great example. However, once you get to know your...

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Spotlight on Incoterms – DPU (Delivered at Place Unloaded) Everything You Need to Know

Created by the International Chamber of Commerce, Incoterms are a series of three-letter designations that define responsibilities between buyers and sellers around the sale of goods, specifically related to transportation costs and liability. If you’re looking for more information on Incoterms, check out our other articles on this topic: The Complete Guide to All 11 of the 2010 Incoterms Rules Incoterms 2020 Rules: Everything You Need to Know Protect Your Bottom Line by Understanding These 5 Common Incoterms When you’re negotiating a contract to buy or sell goods, Incoterms® can make it easy—at least in terms of who will pay for what transportation costs. These three-letter designations instantly indicate...

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Spotlight on Incoterms – CIP (Carriage and Insurance Paid To) Everything You Need to Know

Created by the International Chamber of Commerce, Incoterms are a series of three-letter designations that define responsibilities between buyers and sellers around the sale of goods, specifically related to transportation costs and liability. If you’re looking for more information on Incoterms, check out our other articles on this topic: The Complete Guide to All 11 of the 2010 Incoterms Rules Incoterms 2020 Rules: Everything You Need to Know Protect Your Bottom Line by Understanding These 5 Common Incoterms Negotiating contracts to purchase or sell goods can feel complicated—but it doesn’t have to be. That’s where Incoterms® come in. These simple, three-letter designations make it easy to understand who...

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Spotlight on Incoterms – CPT (Carriage Paid To) Everything You Need to Know

Created by the International Chamber of Commerce, Incoterms are a series of three-letter designations that define responsibilities between buyers and sellers around the sale of goods, specifically related to transportation costs and liability. If you’re looking for more information on Incoterms, check out our other articles on this topic: The Complete Guide to All 11 of the 2010 Incoterms Rules Incoterms 2020 Rules: Everything You Need to Know Protect Your Bottom Line by Understanding These 5 Common Incoterms When you’re buying or selling goods, you’ll encounter a fair amount of industry jargon. International commerce terms, or Incoterms®, fall squarely into that category.   However, once you understand...

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Spotlight on Incoterms – CFR (Cost and Freight) Everything You Need to Know

Created by the International Chamber of Commerce, Incoterms are a series of three-letter designations that define responsibilities between buyers and sellers around the sale of goods, specifically related to transportation costs and liability. If you’re looking for more information on Incoterms, check out our other articles on this topic: The Complete Guide to All 11 of the 2010 Incoterms Rules Incoterms 2020 Rules: Everything You Need to Know Protect Your Bottom Line by Understanding These 5 Common Incoterms When you’re buying or selling goods, knowing your Incoterms® means that both parties to your contract will be speaking the same language—at least when it comes to transportation costs. Incoterms...

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