Understanding Incoterms

by John Rowe Cargo Services managing director Many importers and exporters don’t have a clear understanding of Incoterms and how they apply to international business transactions. Incoterms were developed by the International Chamber of Commerce to help provide...

Incoterms-A summary for clients import and export companies

Incoterms® are terms us professionals working in the international shipping industry and import and export companies use as part of our jargon every day. The idea of international shipping terms was conceived in 1921 with the first set of rules implemented in 1936...