When it comes to the logistics of FOB vs CIF, which is best for your business? Let’s find out. International shipping contracts like cost, insurance
Category: China Import & Export
Do you have international clients and need to send money abroad and wondering what is TT payment? Telegraphic transfers (TTs) are an electronic means of
The DAP Incoterm, or “Delivered at Place”, replaces the now outdated Delivery Duty Unpaid Incoterm, or DDU Incoterm was included in Incoterms 2000, the previous
What is DDP shipping? Delivered duty paid (DDP) shipping is a delivery arrangement in which the seller bears all obligation, risk, and expense related to
What does CFR mean? Contracts for international trade may use the legal term “cost and freight” (CFR). In a contract that states that a sale
What is the EXW incoterms? By requiring the seller to only make the goods available to the buyer at their warehouse or dock, an EXWorks
INCOTERMS (International Commercial Terms), also known as shipping terms, freight terms, or trade terms, are the global standard terminology and definitions used in international trade
What is the CIF? An international shipping agreement known as cost, insurance, and freight (CIF) details the fees paid by a seller to cover the
Shipping contracts are crucial to your wholesale business’s sales and distribution operations. At some point, imported goods that cross international borders become the buyer’s property
FCA is one of many important Incoterms. Free Carrier (FCA) means that the seller delivers the goods to a carrier or another person nominated by