What does FCA in shipping terms mean? FCA refers to one of the 11 Incoterms® 2020. This Incoterm can be used for any mode of transport. There are 2 main…
Ex-Factory pricing is a term you might come across while doing business with overseas partners and customers. We will also look at the difference between Ex-Works and Ex-Factory. Both of…
Certifications for Trade Compliance professionals Many Global Trade Compliance professionals complain that there are insufficient certifications and courses available that are relevant to the industry. Specifically, no widely recognized International…
What is trade compliance? In the supply chain and logistics industry, "trade compliance" usually refers to the governance processes that cover HS classification, export controls, Customs valuation, import and export…
The Incoterms ® are a set of trade/trade rules used by the International Chamber of Commerce (ICC) in international sales contracts. The Incoterms are not binding rules – to obtain…
Incoterms are rules for international trade that have been developed by the International Chamber of Commerce. These rules are used in international sales contracts. The term Incoterms, comes from "international…
What is Incoterm® 2020 DAP? The Incoterm 2020 DAP (Delivery at Place), requires that the cargo be delivered by the seller at a place designated by the buyer. Normally this…
What is a shipping mark? Exporters must mark their cargo clearly before export. This helps to ensure that shipments reach their intended destination by allowing carriers and consignees to easily…
What does CIF mean in international trade? CIF stands for Cost Insurance and Freight. It is included in Incoterms® 2020 and one of the most important terms to ever be…
We have published extensive materials including Incoterms charts to help traders understand Incoterms® 2020. However, the topic can still be very daunting and seemingly complex to many, as the rules…
Incoterms 2020 The new Incoterms 2020 have been published on the 1st of January this year. However, the original Incoterms were published in 1936 and have been creating updates to…
Recent events have given the e-commerce industry a steroid induced growth spurt that online scammers all over the world are rushing to take advantage of. Sophisticated fraudsters are now offering…
