Clear international agreements between a buyer and a seller are becoming more and more necessary as part of successful international trade in our globalised environment. Understanding and using ...

What Are Incoterms & How Do They Impact International Trade? Incoterms, short for International Commercial Terms, are a set of internationally recognised rules established by the International Chamber ...

The International Chamber of Commerce (ICC) has released its revised list of international shipping terms, and effective January 1, 2020, Incoterms® 2020 become the new rules of the road. Because of ...

Learn the costs and responsibilities in FOB shipping, focusing on FOB destination vs. shipping point. Understand who pays freight charges and the risks involved.