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…
What is a packing slip?
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…
Incoterms: Frequently Asked Questions
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…
When does title of goods pass from seller to buyer?
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…
Delivery In Incoterms
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…
Shipping EXW Incoterms 2020
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…
Shipping DAP Incoterms 2020
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…
Shipping CIF Incoterms 2020
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…
Shipping FCA Incoterms 2020
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…
Shipping CPT Incoterms 2020
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…
Shipping DDP Incoterms 2020
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…
US-China Trade Wars: What Can US Importers Do?
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…
