Logistics & Supply Chain Definitions

The supply chain and logistics space is so full of terminology and jargon that even the most experienced logisticians can often come across new terms they are unfamiliar with. Here…

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What are Export Controls?

Export controls define the rules surrounding the release of certain types of data, information, products, technology, services and funds from a country. Export control regulations are written to prevent the…

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Incoterms: Frequently Asked Questions

In this article we look at all the frequently asked questions about Incoterms. You may also like our comprehensive article and relevant diagrams explaining the 2020 version of the terms…

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A Hidden Risk In DDP

Delivered Duty Paid or DDP, is the only Incoterm that requires the seller to act as the importer of record in the buyer's country. Buyer's typically opt to trade on…

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Delivery In Incoterms

The term "delivery" has an important definition when it comes to Incoterms. This is the point where risk transfers to the buyer from the seller. This is also the point…

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