Ex Works Incoterms Meaning

ex works incoterms meaning

There are many delivery terms used in international shipping. Ex-works incoterms are one of them and are frequently used. Delivery terms or incoterms play a crucial role in determining the price of the product.  The word “ex-factory” is simple to explain It means “from the factory.  In this scenario, both parties […]

What Freight Forwarders Do?

What freight forwarders do

Freight Forwarding service providers are  experts in international shipping and can assist you in participating with international commerce without having to learn all the intricate aspects involved such as the negotiation and booking of freight capacity from transport companies, examining all necessary documentation to import or export aiding with duty payments […]

DAP Incoterm 2020

DAP Incoterm 2020

Delivered at the Place (DAP) is among the 11 incoterms included under Incoterms (r) 2020, which is a part of the International Chamber of Commerce. In the DAP incoterm, there is a location of delivery (called “location”) that is decided jointly by the buyer and seller. The seller’s duty is to […]