Incoterms 2020 are now live. DAT has changed to DPU, insurance points are clarified on C-terms, transport security is now well defined, own transport is accounted for, changes to FCA/FOB regarding Bills of Lading…
We heard from ICC United Kingdom’s Chris Southworth, Professor Charles Debattista and David Lowe from the ICC Incoterms® 2020 Steering Committee. We hear about the importance of Incoterms® in international trade, why they are changing in 2020, and what businesses should be thinking about in order to prepare for these changes.
Trade Finance Global attended the headline event of the commercial finance industry, the 10th NACFB Commercial Finance Expo 2019.
Even though shipping and containerised shipments have been happening for a long time, there is still a lack of basic understanding of the weights used in a container, transport requirements… read more →
We spoke to Hariesh Manaadiar, author of Shipping and Freight Resource on Bills of Lading. It’s important to remember that Commercial/trade information may be important to a buyer or a seller,… read more →
DAP (Delivered at Place) is one of the most popular Incoterms used in Europe, it is also one of the most popular used for e-commerce. Learn how to use it… read more →
We all lead a digital lifestyle – we snap and share photos on Instagram, order a car on Uber, shop on Amazon, and at work use a variety of cloud-based… read more →
We spoke to Johnatas Montezuma, a shipping expert and specialist in complex supply chain solutions for some useful incoterms and shipping suggestions for first time exporters. A supply chain expert… read more →
Incoterms are a standard set of terminology, created by the International Chamber of Commerce (ICC), used universally, defining the key parts of freight forwarding. In 1936 the ICC first defined… read more →
