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Incoterms

Cargo ship on its side in the ocean sinking

Do You Know Where Your Risk of Loss Begins?

Disruptions from supply chain and logistics backups have been all over the news lately. The problem is so serious that it’s even made it to the funny pages. Aside from these current systemic issues, every international sale poses logistics and supply chain concerns, since merchandise may get delayed, lost, or damaged in transit. The question then becomes which party,Read More »Do You Know Where Your Risk of Loss Begins?

Incoterms® on Your Terms

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  • December 27, 2019June 21, 2022
Incoterms® – an abbreviation for International Commercial Terms – are the rules first issued by the International Chamber of Commerce in 1936 as a way of unifying the shipping practices and legal interpretations between those involved in global trade around the world. As international trade has grown over the decades, so have Incoterms® rules evolved to meet the needs of sellers and buyers.   What Are Incoterms®?   Incoterms® rules haveRead More »Incoterms® on Your Terms