INCOTerms 2020 (Member Only)
4 May 2021
Since they were first introduced, the Incoterms rules have been revised about once a decade to keep up with the rapid expansion of world trade. Cargo security is now at the forefront of the transportation agenda for many countries.
FCA, DAP, DAT, etc., are just three of the current 11 terms used internationally to determine buyers and sellers risks and responsibilities in international contracts. Failure to use them correctly puts your company at risk – and this is especially true of companies training under ExWorks or DDP terms.