The Complete Guide to Understanding the 11 Incoterms

incoterms

Incoterms or International Commercial Terms as it is often referred to in the logistics and shipping industry are used to facilitate and standardize trade processes. To date, there are 11 different Incoterms that assign different responsibilities to the parties to a transaction. What is Incoterms Incoterms, or International Commercial Terms, are industry standards used to […]