Carriers
Everything you need to know about Incoterms 2025
In the world of international trade, clear rules and standards are crucial for smooth and successful exchanges. This is where Incoterms come in, a set of standardized terms governing responsibilities and regulations in international trade transactions. In this section, we'll explore in detail what Incoterms are, their benefits, their complete list, and how to choose the one that best suits your business needs.
EXW
Ex Works : le vendeur met la marchandise à disposition de l'acheteur dans ses locaux, sans chargement ni formalités douanières.
DAT/DPU
Delivered at Terminal: the seller delivers the goods to the agreed destination terminal.
FCA
Free Carrier: the seller delivers the goods to the carrier designated by the buyer.
DAP
Delivered at Place): the seller delivers the goods to the agreed place of destination, but not unloaded.
CPT
Carriage Paid To: The seller delivers the goods to the carrier and pays for the transport to the destination.
DDP
Delivered Duty Paid): the seller delivers the goods to the place of destination, unloaded and cleared through customs.
CIP
Carriage and Insurance Paid to: The seller pays for transportation to the destination and provides insurance.
Incoterms applicable to maritime transport
FAS
Free Alongside Ship: The seller makes the goods available on the quayside at the port of embarkation.
FOB
Free on Board: the seller delivers the goods on board the vessel designated by the buyer.
CFR
Cost and Freight: The seller pays for transportation to the port of destination.
CIF
Cost, Insurance and Freight): The seller pays for transportation and provides insurance to the port of destination.
Choosing the right Incoterm is a crucial decision in any international commercial transaction, and it depends on several key factors. Here is a detailed analysis of these factors to consider :
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Nature of the goods: the nature of the goods in question may dictate the choice of the appropriate Incoterm. For example, for sensitive or perishable products requiring strict temperature control, it may be preferable to opt for an Incoterm that minimises delivery times and guarantees adequate transport conditions.
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Transport conditions: the terms of transport, whether in terms of mode (land, sea, air) or transit time, influence the choice of Incoterm. Some Incoterms are more suitable for sea transport, while others are better suited to air or land transport. It is essential to assess the specific logistical requirements of each transaction in order to select the most appropriate Incoterm.
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Place of delivery: The place where the goods are to be delivered is a determining factor in the choice of Incoterm. Incoterms such as DDP (Delivered Duty Paid) specify that the seller is responsible for delivery to the agreed destination, while other Incoterms such as EXW (Ex Works) require the buyer to collect the goods from the seller.
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Costs: The costs associated with each Incoterm, including transport costs, insurance, customs duties and taxes, must be taken into consideration. The choice of Incoterm can have a significant impact on the distribution of these costs between the buyer and the seller, and it is crucial to assess them carefully to avoid unexpected financial surprises.
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Risks: Incoterms also define the distribution of risks between the buyer and seller throughout the shipping process. Some Incoterms transfer the risks from the seller to the buyer as soon as the goods are loaded, while others maintain the seller's responsibility until the goods are delivered to their destination. Assessing and understanding these risks is essential for choosing an Incoterm that offers adequate protection for all parties involved.
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Stakeholder preferences: It is important to consider the specific preferences and requirements of the stakeholders involved in the transaction. Sellers and buyers may have different priorities when it comes to delivery times, costs, risks and other aspects of the transaction. Open communication and collaboration between all parties is essential to identify and select the Incoterm that best meets everyone's needs and expectations.
In summary, choosing the right Incoterm depends on a thorough analysis of the nature of the goods, transport conditions, place of delivery, costs, risks and preferences of the parties involved. By taking these factors into account, companies can ensure the success of their international transactions by choosing the Incoterm that best suits their specific needs.
Who is responsible for what?
Grouping / Ungrouping
No association, no membership, no costs! Just the service!
By consolidating your merchandise purchases with others, you reduce your transportation and purchasing costs. Freight consolidation is a logistics method that optimizes the costs and efficiency of international transportation. This technique involves grouping goods from multiple shippers into a single container or shipment.
It's simple! You identify the products or merchandise that interest you in the catalog, then you log in to the "Groups" area where you join a group (or even create your own). As soon as the pre-order minimums are reached, the process begins. These operations cost you absolutely nothing and do not create any regulatory constraints: In reality, we are working (we) to open up new market opportunities for our customers: Manufacturers
The consolidation service provides you with operational assistance to optimize your purchasing and logistics costs, without changing your work habits. You maintain, or even find, a direct connection with suppliers while benefiting from the support of our services. The work was carried out in advance by us.
The order is processed by the supplier according to the proposed or chosen Incoterm. You only pay for the space your products occupy in the transport unit. In addition, this allows the carrier to make more deliveries, making the final service not only more affordable, but also faster and more efficient. When unbundling, each party receives their own order with their own invoice.
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