by lotus | Jan 15, 2025 | Incoterms
What is the Difference Between FCA and FOB? When it comes to international shipping, FCA (Free Carrier) and FOB (Free On Board) are two commonly used Incoterms issued by the International Chamber of Commerce (ICC). These terms help define the responsibilities, risks,...
by lotus | Dec 12, 2024 | Incoterms
DDP vs. DAP: Understanding the Difference in Incoterms When shipping internationally, understanding Incoterms is key to ensuring smooth transactions between buyers and sellers. Two commonly used trade terms, DDP (Delivery Duty Paid) and DAP (Delivered at Place),...
by lotus | Dec 3, 2024 | Incoterms
DDP vs. CIF: A Guide to Choosing the Right Shipping Terms When it comes to international trade, understanding shipping terms like DDP (Delivered Duty Paid) and CIF (Cost, Insurance, and Freight) is essential. These terms determine how responsibilities, costs, and...
by lotus | Jun 10, 2024 | Incoterms
Comprehensive Guide to Incoterms for Air Freight: Navigating International Trade Terms Dive deep into the intricacies of Incoterms specifically designed for air freight. This guide explains how these international trade terms significantly influence logistics, cost...
by lotus | Apr 20, 2024 | Incoterms
Understanding Popular Incoterms by Mode of Transport When trading internationally, Incoterms are crucial for buyers and sellers, setting clear rules for shipping. Let’s break down which Incoterms are most commonly used, depending on how your goods are being...
by lotus | Feb 21, 2024 | Incoterms
What is Incoterms (FOB and FAS)? Incoterms Explained Simply Incoterms are like the rulebook for international trade. They lay out the responsibilities of buyers and sellers when shipping goods across the globe. These terms are crucial for smooth trading and are part...
