What does it mean?
ICC trade rules used in sales contracts to allocate delivery tasks, costs and risks between seller and buyer. The chosen rule should include a named place or port and the edition; it does not by itself determine payment terms or ownership transfer.
In practice
A purchase agreement specifies the delivery rule, named location and Incoterms® 2020 edition.
Before requesting a quote
Before comparing freight quotations, identify the agreed delivery rule and the exact named place or port. Explain which transport stages you need included and who coordinates the other stages. This helps separate the freight request from the obligations already agreed between buyer and seller.
- Agreed delivery rule, edition and named place or port
- Transport stages to include in the quotation
- Cargo details, origin, destination and ready date
Ready to apply this to your shipment? Share your route and cargo details so our team can review your requirements.
Request a freight quoteExamples are illustrative. Service scope and requirements depend on the cargo, route and agreed terms. Incoterms® is a registered trademark of the International Chamber of Commerce.