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Shipment Essentials
Frequently asked questions about shipping: freight modes, shipping terms, and general importing knowledge.
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An easy guide to Incoterms
Incoterms are a set of internationally recognized agreements that determine who is responsible for the physical handling and payment of costs for a shipment of goods, right the way through from the seller or manufacturer’s premises to their buyer’s destination. Each of the different Incoterms provides a framework that outlines whether the buyer or seller...
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What is the difference between FOB and EXW?
FOB and EXW are two of the different Incoterms that can be used for international shipments. To decide whether FOB or EXW is the most appropriate Incoterm to use and to ensure that you understand what is covered by them, you first need to know the difference between FOB and EXW and what these terms...
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What is a commercial invoice and packing list?
To allow your shipment to clear customs when it arrives in the USA, it needs to be accompanied by a properly completed commercial invoice and packing list. What is a shipment’s commercial invoice? Your shipment’s commercial invoice is part of the documentation you need to supply to make a customs declaration when importing goods to...
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