CPT Incoterm 2020

CPT Incoterm 2020

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 […]

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 […]