The INCOTERMS published by the International Chamber of Commerce (ICC) have long served the international community by offering a “shorthand” for communicating key shipping terms. INCOTERMS are so ...

On 10 September 2019, the International Chamber of Commerce (ICC) issued a much anticipated set of revisions to the Incoterms – the international commercial terms published to clarify the obligations ...

An Incoterm meaning that the cost, risk and responsibility shift from the seller to the buyer when the goods are turned over to a carrier at a designated place.

THE implications of a well-managed supply chain are becoming clearer as companies see the efficiencies of scale and value a well-executed supply chain brings to an organisation. The role of ...

MANILA, Philippines — In 1936, the International Chamber of Commerce first introduced the International Commercial Terms (Incoterms) to establish a commonly accepted definition and rules related to ...