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Top 4 Most Popular Incoterms

TLI • January 3, 2023

4 Most Popular Incoterms

International Containers

What are Incoterms?

Incoterms (International Commercial Terms) are a set of standardized terms and definitions that are used in international trade to clearly communicate the responsibilities of buyers and sellers in the transportation and delivery of goods. There are 11 Incoterms in total, and they are divided into two categories: E (for delivery ex works) and F (for delivery free carrier).

Most Popular Incoterms

List of Services

Important Note for Shippers

It is important for shippers to carefully consider which Incoterm is most appropriate for their specific trade arrangement, as they can have a significant impact on the overall cost and risk involved in the transaction. It is also important to ensure that the Incoterm chosen is clearly communicated to all relevant parties in order to avoid misunderstandings or disputes.

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