Incoterms define who is reosonible for each action during shipping

Incoterms 2020 Defined // What does EXW, FCA, FOB, DAP, DPU, DDP, CPT, CIP, CIF, CFR, or FAS Mean?

What do EXW, FOB, CFR, FCA, and DPU mean? What ar INcoterms and Freight Terms? Who is responsible for what in the shipping terms? What terms were added in the incoterms 2020? Are incoterms different for Air and Ocean Freight? FOB vs EXW? Click here and we’ll answer this and more in our guide.