Incoterms

Incoterms are international rules which specify:

  • The cost of transportation paid by seller or buyer.
  • Where the risk of the loss is transferred from seller to buyer.
  • Who assumes the customs formalities.
  • Who pays the customs duties.
  • Who must make insurance coverage

There are 11 Incoterms distributed in four categories:

  • E (EXW): The seller minimizes risk and cost by making goods available to the buyer at the seller’s own premises.
  • F (FCA, FAS, FOB): The seller delivers to a carrier appointed by the buyer.
  • C (CFR, CIF, CPT, CIP): The seller contracts for carriage without assuming risk of loss or damage or the additional costs due to events after the loading.
  • D (DAT DAP, DDP): The seller bears all costs and risks to the agreed destination.

Stay in touch

If you have any questions, requests or need advice regarding your freight, we would be happy to hear from you.

Feel free to contact us, so that we can inform you about all possibilities in road-, sea-, air- or time critical transports and our exceptional opportunities.