Incoterms is a term that is very important in international trade and consists of rules covering all types of transportation activities. EvoLog Logistics attaches great importance to Incoterms rules in the transportation services it offers to its customers. These rules define standards between the seller and the buyer that determine the responsibilities, costs and risks involved in the transportation of goods.
Here are some of the INCOTERMS rules that stand out in the transportation services offered by EvoLog Logistics:
1. EXW - Ex Works: The seller keeps the goods ready at the buyer's disposal in his workplace and the buyer receives the goods and prepares the necessary documents for export. All costs and risks are borne by the buyer upon delivery of the goods at the premises.
2. FCA - Free Carrier: After the seller passes the goods to the carrier at the designated place, all costs and risks pass to the buyer. Freight Costs are also covered by the buyer.
3. CPT - Carriage Paid To: The seller is obliged to bear the freight costs until the goods arrive at the destination. The risks and costs of transportation of the goods are borne by the buyer.
4. CIP - Carriage And Insurance Paid To: The seller is responsible for paying the freight in line with CPT rules and additionally provides cargo insurance against the risk of loss or damage during transportation.
5. DAP - Delivered At Place: The seller delivers the goods to the buyer at the designated place and the buyer is responsible for customs clearance, related costs and taxes.
6. DDP - Delivered Duty Paid: The seller prepares the goods and delivers them to the buyer after finalizing all customs procedures. The costs and risks of the goods are borne by the seller and the buyer receives the goods upon payment of customs duties.
Taking into account the rules specific to maritime and inland water transportation, EvoLog Logistics offers the best service to its customers:
1. FAS - Free Alongside Ship: The seller's delivery obligation ceases when the goods are placed on the dock or barge alongside the ship (vessel) at the designated port.
2. FOB - Free on Board: The seller loads the goods on board the vessel provided by the buyer. The costs and risks on board then pass to the buyer.
3. CFR - Cost and Freight: The seller delivers the goods to the port of loading and covers the cost of freight. Afterwards, the costs and risks pass to the buyer.
4. CIF - Cost, Insurance and Freight: The seller delivers the goods to the port of loading, pays the insurance premium and covers the costs of freight. Afterwards, the costs and risks pass to the buyer.
EvoLog Logistics offers the most reliable and efficient transportation services to its customers in accordance with INCOTERMS rules, which play a crucial role in international trade. For further information and service requests, please use the "Information Request Form" on the website of EvoLog Logistics.