What is a packing list?
In addition to the packing note, the bill of lading, the certificate of origin, the commercial invoice, and the insurance certificate, the packing list is one of the more important…
In addition to the packing note, the bill of lading, the certificate of origin, the commercial invoice, and the insurance certificate, the packing list is one of the more important…
What is a packing slip? Packing slips are commercial documents that validates the delivery of an order. In other words, it is used to confirm that you delivered a product…
In this article we look at all the frequently asked questions about Incoterms. You may also like our comprehensive article and relevant diagrams explaining the 2020 version of the terms…
Incoterms deals with several aspects of trade such as : General obligations Transfer of risks Delivery Carriage Insurance Delivery and transportation documents Export clearance Import clearance Cost allocation between buyer…
The term "delivery" has an important definition when it comes to Incoterms and logistics. This is the point where risk transfers to the buyer from the seller. This is also…
EXW Incoterms 2020 : A Few Quick Points Ex Works (EXW) Incoterms can be used for all modes of transport and even when there are multiple modes of transport involved…
DAP Incoterms 2020 : A Few Quick Points Delivered At Place (DAP) Incoterms can be used for all modes of transport and even when there are multiple modes of transport…
CIF Incoterms 2020 : A Few Quick Points Cost Insurance and Freight (CIF) Incoterms (or CIF Incoterms) can be used for sea transport, including inland waterway Risk transfers from seller…
FCA Incoterms 2020 : A Few Quick Points Free Carrier (FCA) Incoterms can be used for all modes of transport. Risk transfers from seller to buyer when the carrier collects…
CPT Incoterms 2020 : A Few Quick Points Carriage Paid To (CPT) Incoterms can be used in any mode of transport. Risk transfers from seller to buyer when the cargo…
DDP Incoterms 2020 : A Few Quick Points Delivered Duty Paid (DDP) Incoterms works on any type of transport (air, land, rail, sea, etc.) DDP can also be used for…
As of February 2020, we are going through a friendlier phase of the trade war between China and the US as things seem to be improving between both countries. These…