June 7, 2021
There is a lot to consider when transporting goods internationally. One of the most important things is to make clear agreements with foreign customers and suppliers. Therefore, Incoterms® have been created to ensure that everyone knows what obligations they have and to limit any form of ambiguity as much as possible. Incoterms® stands for “International Commercial Terms”, or international delivery terms.
Did you know?
The first ever ‘cargo only’ flight was recorded in November 1910 in the USA, using a Wright Model B aeroplane that flew 65 miles carrying a package of silk. The business owner used the pioneering transport more as a PR stunt to celebrate the opening of his store, with the bundle of silk cut into individual pieces and glued onto souvenir postcards.