incoterms-2020

New Incoterms from 1 January

Freight forwarder the Woodland Group is reminding its customers that the International Chamber of Commerce's new version of Incoterms comes into effect on 1 January. As well as an enhanced layout and more detailed explanatory notes to make the terms easier to understand and leave less room for error, FCA (Free Carrier – named place of delivery) has been amended slightly to allow the seller to require the buyer to procure an on-board bill of lading. Historically, a ... [+]