To understand what is FCA shipping, we have tried our best to explain the term and the process in a simple way by giving an example. In the event of FCA the incoterm buyer hand over the cargo at the location of the seller’s preference where it could be on the […]

The CPT Incoterm 2020 is one of 11 incoterms that were defined by the International Chamber of Commerce (ICC). CPT Incoterm terms allow the seller to deliver the goods to the designated place. At that point, risk is transferred from the seller to the buyer. This agreement allows the seller to […]

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 […]