Incoterms

Understanding the nuances of international trade is crucial to managing your business’s overseas transactions effectively. Two important terms you will often come across are FOB …

In any shipping arrangement, most buyers aim for shipping terms that will work to their advantage or is within their capabilities. Shipping terms like EXW …

International shipping is a systematic process. It comes with certain rules and regulations that are followed all over the world.  These rules are categorized as …

If you’re interested in learning more about DAP vs. DDP, you’ve landed on the right spot. The International Chamber of Commerce or ICC established 11 …

If you’ve had to buy in bulk and trade internationally at least once, for sure you’ve come across the dilemma of EXW vs. FCA Incoterms.  …

The import and export business is booming day by day. With all the processes of demands and subsequent supplies, international trade does not seem to …

Shipping contracts in international trade can get confusing for a few people. Without having a proper agreement between a buyer and a seller, it can …

Choosing the right Incoterms often comes down to how much risk and responsibility you would like you and your seller to take on. Subsequently, you …

In international trade, FOB stands for Free On Board, and it’s one of the most commonly used Incoterms for buyers that ship bulk cargo by …

CIF Incoterms is a term you might have never heard unless you’ve dealt with international sea freight of bulk orders. So, this guide will be …

Shipping Incoterms offer great guidance on how sellers and buyers should share responsibilities during the transfer of goods. However, because shipping procedures are so similar, …

International trade has seen an upward growth since its inception. With many different types of import and export agreements, there was a need to categorize …

As you source and ship goods from abroad, you will likely encounter sellers that offer different kinds of shipping terms. The workings and distribution of …

Agreeing on shipping terms with your supplier can be a tricky decision. You will likely have to negotiate various costs, responsibilities, and how much risk …

The international shipping business operates with certain rules and regulations. As many steps are involved in getting the goods delivered from one country to another, …

International trade has been on the rise since its inception. As the world business grows, it directly impacts import and export activities all around the …

Incoterms are defined as International Commercial Terms and are also informally known as shipping terms. They outline the responsibilities of different parties during the transfer …

Shipping is a concerted effort whenever you are sourcing goods from abroad. You and your supplier need to agree on costs, shipping methods, and other …

Shipping terminologies might sometimes be confusing. It especially happens when you are new to the import and export business. A good understanding of these terminologies …

Finding a suitable shipping option could save you lots of money in terms of shipping costs. It also goes a long way in ensuring that …

The shipping industry has been the backbone of the international supply chain process. The focus on the shipment processes increased dramatically after the pandemic in …

Most products transported via ship have to be packed in shipping containers. It helps ensure the safety of goods and makes handling cargo more orderly. …