CARM: What all importers need to know about CARM

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Are you using the latest Incoterms?

Make sure your contracts of sale include the appropriate trade term in conjunction with the words “Incoterms 2010”, which came into effect January 2011.  Using the proper Incoterm is necessary to ensure:

  • there is a clear division of responsibilities between the seller and buyer
  • an earlier version of Incoterms is not applied

Quick Tip #47
When taking control of your shipment is good business

Selecting the right Incoterm will allow you to get the most from your contract of sale during negotiations.

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