QUESTION: Could anyone in the membership advise how to use Incoterms 2010 for international shipment moved between 2 entities within the same legal entity (aka intercompany shipment)? For example, Entity A in Country A and Entity B in Country B are belong to a same legal entity in Country C. There is a shipment moved […]
QUESTION: How are other members handling the Incoterms that are for waterway transport only (I.e. FOB, CFR, CIF) when they are using multi-modal shipping? For example, CFR vs. CPT CFR terms are from port to port with risk passing at the point where the goods are loaded on to the vessel. This means that prior […]
Question: We sell products that are relatively small but have a high value. Our company has always had a policy forbidding customers from personally picking up orders from our distribution center instead of using couriers and forwarders because of the risk of domestic orders turning into undeclared international orders due to the ease of […]
Question: If my responsibility under the terms of CIP New Delhi is to ship the goods to New Delhi, how do I satisfy this if the buyer does not provide “ship to” information in New Delhi? I send these shipments through express courier small package, and need an address for a location in New […]
Question: I have questions in regard to Incoterms, and I want to make sure my understanding of the terms for these shipments is in fact correct. In short, my company receives orders from a distributor in India that sells our products (they don’t physically have any of our products in India, rather, […]
Question: In short, my company receives orders from a distributor in India that sells our products (they don’t physically have any of our products in India, rather, they sell and we ship directly from the U.S. to their customer(s) in India). These are very small shipments, which typically consist of 1-2 packages per order/shipment, […]
Question: I am looking for the correct Incoterm that would best fit the below scenario Seller would own the cargo to buyer’s door, and the buyer would pay freight by the appointed buyer’s transportation provider ========== Answers: More details required to provide you with a complete reply on what Incoterm would be most appropriate […]
Question: I have non-compliance question for the group and just looking for any comments or suggestions on. A scenario I have never come across. Scenario: 2. US manufacture exports good to foreign dealer. Incoterms are FCA USA port. Foreign dealer routes freight and risk to destination. Dealer in non-related. US manufacture sells the finance sale […]
Question: I am preparing a guidance document for using Incoterms 2010 for our shipments. It is unclear to me whether the “named place” for CPT and CIF Incoterms is limited to the country of export, or can you use these Incoterms for a named place in the country of import as well? ************** Answers: CPT […]
Question: As shipments between the U.S. mainland and Puerto Rico are regarded domestic, except for the trade stats purposes, I wonder what the official guidance on the applicability of Incoterms to these types of shipments is. Is the proper way to use Incoterms or the North American shipping terms instead? ************ Answers: Incoterms 2010 are applicable to domestic shipments. The subtitle of […]
Question: My company consists of many different legal entities around the world. Several of these have customers in the USA. And some of these customers are demanding DDP terms from my foreign entities. However, my foreign legal entities are not set up with US Tax ID numbers, POAs, import bonds, etc…. Am I correct […]
Question: Can someone please advise what’s the correct incoterm for the following situation? It’s an export from U.S. to Mexico. However, Mexican customer only wants us to ship to Laredo, TX, their freight forwarder. Their freight forwarder will file SED/EEI and they will move the shipment out to Mexico. FCA Laredo, TX will […]
