Cloud-Based Transportation Management System (TMS) for Shippers
How a Cloud-Based Transportation Management System (TMS) for Shippers Improves Efficiency Transinnovate provides a cloud-based Transportation Management System (TMS) for shippers to reduce transportation costs, improve operational efficiency, and streamline supply chain processes. Our TMS is ideal for logistics teams looking to manage shipments efficiently, save time, and minimize errors commonly associated with traditional, manual […]
FAS Incoterm® (Free alongside Ship)
What is FAS Incoterm®? FAS (Free Alongside Ship) is one of the official Incoterms®2020 rules published by the International Chamber of Commerce (ICC). It applies exclusively to maritime transport and means that the seller is responsible for delivering the goods alongside the vessel at a named port of shipment. At this point, risk and cost […]
CIF Incoterm® (Cost, Insurance and Freight)
The CIF Incoterms® is one of the standardized international delivery terms agreed upon between buyer and seller. These are rules that establish worldwide agreements on transport, costs, and any potential damage during transportation. Every ten years, the International Chamber of Commerce (ICC) updates the Incoterms®. The most recent version, the ICC Incoterms® 2020, came into […]
CFR Incoterm® (Cost And Freight)
The CFR Incoterms® is one of the standardized international delivery terms agreed upon between buyer and seller. These are rules that establish worldwide agreements on transport, costs, and any potential damage during transportation. Every ten years, the International Chamber of Commerce (ICC) updates the Incoterms®. The most recent version, the ICC Incoterms® 2020, came into […]
FOB Incoterm® (Free on Board)
When Does Responsibility End in Maritime Trade? In international shipping, the transition of responsibility between seller and buyer is not always obvious. While goods may physically move from one party to another, legal and financial liability often depends on carefully defined contractual terms. For companies engaged in global trade, understanding where that line is drawn […]
FCA Incoterm® (Free Carrier)
The FCA Incoterm® is one of the standardized international delivery terms agreed upon between buyer and seller. These are rules that establish worldwide agreements on transport, costs, and any potential damage during transportation. Every ten years, the International Chamber of Commerce (ICC) updates the Incoterms®. The most recent version, the ICC Incoterms® 2020, came into […]
DDP Incoterm® (Delivery Duty Paid)
What is DDP Incoterm®? DDP (Delivered Duty Paid) is one of the official Incoterms® rules defined by the International Chamber of Commerce (ICC) that outlines responsibilities between sellers and buyers in international trade. Under the DDP Incoterm®, the seller bears full responsibility for delivering goods to the buyer’s final destination, including customs clearance, duties, and […]
DPU Incoterm® (Delivery and Place Unloaded)
The DPU Incoterm® is one of the standardized international delivery terms agreed upon between buyer and seller. These are rules that establish worldwide agreements on transport, costs, and any potential damage during transportation. Every ten years, the International Chamber of Commerce (ICC) updates the Incoterms®. The most recent version, the ICC Incoterms® 2020, came into […]
DAP Incoterm® (Delivered at Place)
The DAP Incoterm® is one of the standardized international delivery terms agreed upon between buyer and seller. These are rules that establish worldwide agreements on transport, costs, and any potential damage during transportation. Every ten years, the International Chamber of Commerce (ICC) updates the Incoterms®. The most recent version, the ICC Incoterms® 2020, came into […]
CIP Incoterm® (Carriage and Insurance Paid To)
The CIP Incoterm® is one of the standardized international delivery terms agreed upon between buyer and seller. These are rules that establish worldwide agreements on transport, costs, and any potential damage during transportation. Every ten years, the International Chamber of Commerce (ICC) updates the Incoterms®. The most recent version, the ICC Incoterms® 2020, came into […]
