In my most recent post to the Texas Construction Law Blog, I discussed the correlation between Incoterms and tariffs. As a refresher, Incoterms, ...

Incoterms are used to standardize ... must indicate the governing law of their terms. Ex Works is a term used in shipping arrangements where the seller is only required to deliver goods at ...

Several UCC shipping terms share the same names as individual Incoterms, for example, FOB, FAS, and CIF but have different meanings. Therefore, in a domestic sale of goods contract the parties ...

All modes CIF (Cost, Insurance, and Freight) and FOB (Free on Board) are two widely used Incoterm agreements. Although the definition of both terms can differ across countries and is ultimately ...

Northwestern’s standard shipping terms are DDP (Delivered Duty Paid). This provides the most protection to the University as it transfers risk to the University upon delivery. Below, or attached, is a ...

The International Chamber of Commerce (ICC) has released its revised list of international shipping terms, and effective January 1, 2020, Incoterms® 2020 become the new rules of the road. Because of ...

MANILA, Philippines - While the new set of rules on Incoterms (shipping terms used for land, air and sea) in all international trade transactions has taken effect globally on Jan. 1, 2011 ...

MANILA, Philippines - Effective Jan. 1, 2011, a new set of rules on Incoterms (shipping terms used for land, air and sea) in all international trade transactions have been in force globally.