Cost, Insurance and Freight (CIF)
What Is Cost, Insurance, and Freight (CIF)? Cost, insurance, and freight (CIF) is an international shipping agreement, which represents the
Carriage Paid To (CPT)
What Is Carriage Paid To (CPT)? Carriage Paid To (CPT) is an international trade term that means the seller delivers
Carriage and Insurance Paid to (CIP)
What Is Carriage and Insurance Paid to (CIP)? Insurance is a long-standing practice in trading, and carriage and insurance paid
Deliver Duty Paid (DDP)
What Is Delivered Duty Paid (DDP)? Delivered duty paid (DDP) is a delivery agreement whereby the seller assumes all of
Delivered at Place Unloaded (DPU)
DPU – Delivered at Place Unloaded Definition of DPU – Delivered at Place Unloaded In Incoterms 2010, this rule was
What Types of Cargo are Transported by Air?
What Types of Cargo are Transported by Air? Air cargo transports over US $6 trillion worth of goods annually, accounting
What Is Ex Works (EXW)?
Ex Works (EXW) Defined, Pros and Cons, Plus More Incoterms What Is Ex Works (EXW)? Ex Works (EXW) is
Free Alongside Ship(FAS)
Free Alongside Ship (FAS): Definition and Use in Contracts By ADAM HAYES Updated January 31, 2023 Reviewed by KHADIJA
What Is Free on Board (FOB)?
What Is Free on Board (FOB)? Free on Board (FOB) is a shipment term that defines the point in