When you buy or sell goods across national boundaries, you and the other party must have a clear understanding of the terms for moving those goods to their destination. CIF and FOB are commonly used ...

International Commercial Terms ("Incoterms®") are rules that specify terms of trade designed to help traders avoid confusion by clarifying the tasks, costs and risks involved in the sale of goods from ...

Every IT hardware shipment passes through customs, insurers, and carriers that follow different rules. If your contract doesn’t clearly define who is responsibl ...

The International Chamber of Commerce (the “ICC”) has issued INCOTERMS® 2020 (short for ‎International Commercial Terms) to be effective January 1, 2020. INCOTERMS 2020 provides ‎an updated template ...

Incoterms (International Commerce Terms of Sale) are a set of rules and definitions that define the responsibilities of sellers and buyers for the delivery of goods. Incoterms are published by the ...