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...
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...
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...
If you are shipping freight internationally, you will inevitably come across all of the different International Commercial Terms, or Incoterms for short. These are not legal regulations, per say, but more commercial regulations. These regulations are designed to keep...
