International Commercial Terms ("Incoterms®") are rules that specify terms of trade designed to help traders avoid confusion by clarifying the tasks, costs and risks involved in the sale of goods from ...
The International Chamber of Commerce (the “ICC”) has issued INCOTERMS® 2020 (short for ‎International Commercial Terms) to be effective January 1, 2020. INCOTERMS 2020 provides ‎an updated template ...
Editor's note: As molders experience greater challenges with supply chains, material availability, and onerous contract terms, it is imperative that they take the time now to address risk. In the ...