Incoterms: The Difference Between CPT and CIP

Incoterms: The Difference Between CPT and CIP

CPT and CIP Incoterms Explained Incoterms define the risks and responsibilities of both shipper and consignee in all shipments. CPT and CIP are two similar Incoterms, with one key difference. There are 11 common Incoterms (international commercial term) to use for...
Incoterms DDU to DAP Explained

Incoterms DDU to DAP Explained

Transition From DDU to DAP Incoterms Incoterms define the risks and responsibilities of both shipper and consignee in all shipments. Choosing which of the 11 common Incoterms to use for your company is a strategic decision that can expose or shelter your company from...
Incoterms Defined in Laymen’s Terms

Incoterms Defined in Laymen’s Terms

What Are Incoterms? Those in the world of shipping are familiar with Incoterms®. Defined in laymen’s terms, Incoterms are simply a way to clarify the roles and responsibilities of those involved in the shipping process. To define Incoterms first involves...
Incoterms: FAS versus FOB

Incoterms: FAS versus FOB

Incoterms define the risks and responsibilities of both shipper and consignee in all shipments.  Choosing which of the 11 common Incoterms to use for your company is a strategic decision that can expose or shelter your company from risk and cost.  Two similar...
Incoterms: CFR versus CIF

Incoterms: CFR versus CIF

Incoterms simplify sending and receiving shipments across international borders. They eliminate confusion and ensure both parties are in agreement about delegated responsibilities and other shipping details.  Understanding the differences between similar incoterms is...