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 IncotermsĀ®. 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...