Incoterms, widely-used terms of sale, are a set of 11 internationally recognized rules which define the responsibilities of sellers and buyers. Incoterms specify who is responsible for paying for and managing the shipment, insurance, documentation, customs clearance, and …

2023年10月8日 · Freight incoterms (International Commercial Terms) are the standard terms used in sales contracts for importing and exporting. They are used to define responsibility and liability for goods over the course of a shipment.

These terms represent various tasks, costs, risks, and logistics of getting goods whether by sea freight, air freight, and land freight. Every Incoterm defines the following responsibilities and obligations:

2016年12月17日 · Cost and Freight (CFR), Cost, Insurance and Freight (CIF) and Free on Board (FOB) are three of the terms included in the International Chamber of Commerce’s International Commerce Terms (Incoterms).

2025年1月8日 · Incoterms® define the roles, costs, and risks associated with a global trade agreement and shipment. The latest version, from 2020, is the 9th revision, updated to match modern trade needs. Key changes include replacing DAT with DPU and adding detailed cost and security rules. Terms are grouped for all transport modes, or sea freight only.

When you’re shipping goods internationally, there are a few terms that you should recognize and understand. INCOTERMS are used in 31 different languages, and you can find them in sales contracts as well as letters of credit.

2024年12月10日 · Shipping terms define the division of costs, risks, and responsibilities between buyers and sellers. They influence expenses related to transportation, insurance, duties, and taxes, thereby impacting the total landed cost of goods and the …

We've compiled the ultimate list of shipping terms. On this page, you'll find shipping terminology that fits into multiple categories: International Shipping Terms, Maritime Shipping Terms, Inland Shipping Terms, and many more.

2024年7月4日 · Freight incoterms are the standard contract term used in sales contracts with importing/exporting to define responsibility and liability for the shipment of the goods. In plain English —how far along the process will the supplier ensure that the goods are moved, and at what point does the buyer take over the shipment process?

Shipping terms, also known as INCOTERMS (short for International Commercial Terms), are standardized three-letter abbreviations recognized globally. These terms succinctly communicate the responsibilities of each party involved in a sale or contract negotiation.