INCO® 2010 QUICK REFERENCE CHART INCO® 2010 SERVICES Export Packing Marking & Labeling Block and Brace Export Clearance (License, EEI/AES) Freight Forwarder Documentation Fees Inland Freight to Main Carrier Origin Terminal Charges Vessel Loading Charges Ocean Freight / Air Freight Nominate Export Forwarder Marine Insurance Unload Main Carrier Charges Destination Terminal Charges Nominate On-Carrier Security Information Requirements Customs Broker Clearance Fees Duty, Customs Fees, Taxes Delivery to Buyer Destination Delivering Carrier Unloading
EXW Who Pays Shipper Shipper 1 Buyer Buyer Buyer Buyer Buyer Buyer Buyer 3 Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer
FCA Who Pays Shipper Shipper 1 Shipper Buyer 2 Buyer Buyer Buyer Buyer 3 Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer
T Who Pays Shipper Shipper 1 Shipper Shipper Shipper Shipper Shipper Shipper Shipper 3 4 4 5 Buyer Buyer Buyer 5 Buyer
CIP Who Pays Shipper Shipper 1 Shipper Shipper Shipper Shipper Shipper Shipper Shipper Shipper 4 4 5 Buyer Buyer Buyer 5 Buyer
DAT Who Pays Shipper Shipper 1 Shipper Shipper Shipper Shipper Shipper Shipper Shipper 3 Shipper 4 5 Buyer Buyer Buyer 5 Buyer
DAP Who Pays Shipper Shipper 1 Shipper Shipper Shipper Shipper Shipper Shipper Shipper 3 Shipper Shipper 5 Buyer Buyer Buyer 5 Buyer
DDP Who Pays Shipper Shipper 1 Shipper Shipper Shipper Shipper Shipper Shipper Shipper 3 Shipper Shipper Shipper Buyer Shipper Shipper Shipper Buyer
Notes: 1 – Inco® 2010 does not allocate this task to the Buyer or the Seller and therefore it should be addressed in the sales contract 2 – FCA Seller’s Facility – Buyer pays inland freight; other FCA qualifiers. Seller arranges and loads pre-carriage carrier and pays inland freight to the “F” delivery place 3 – Marine Insurance – The obligation to arrange insurance is only covered under CIP & CIF. Under all other it must be addressed in the sales contract 4 – Terminal Charges paid by Buyer or Seller depending on Carrier practice to include/exclude in transport charges 5 – Delivery to Buyer Destination paid by Seller if through Bill of Lading or door-to-door rate to Buyer’s destination INCO® IS A ED TRADEMARK OF THE INTERNATIONAL CHAMBER OF COMMERCE. THIS DOCUMENT IS NOT INTENDED AS LEGAL ADVICE BUT IS BEING PROVIDED FOR REFERENCE PURPOSES ONLY. S SHOULD SEEK SPECIFIC GUIDANCE FROM INCO® 2010 AVAILABLE THROUGH THE INTERNATIONAL CHAMBER OF COMMERCE AT WWW.ICCBOOKS.COM
INCO® 2010 QUICK REFERENCE CHART INCO® 2010 SERVICES Export Packing Marking & Labeling Block and Brace Export Clearance (License, EEI/AES) Freight Forwarder Documentation Fees Inland Freight to Main Carrier Origin Terminal Charges Vessel Loading Charges Ocean Freight / Air Freight Nominate Export Forwarder Marine Insurance Unload Main Carrier Charges Destination Terminal Charges Nominate On-Carrier Security Information Requirements Customs Broker Clearance Fees Duty, Customs Fees, Taxes Delivery to Buyer Destination Delivering Carrier Unloading
FAS Who Pays Shipper Shipper 1 Shipper Buyer Shipper Buyer Buyer Buyer Buyer 3 Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer
FOB Who Pays Shipper Shipper 1 Shipper Buyer Shipper Shipper Shipper Buyer Buyer 3 Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer
CFR Who Pays Shipper Shipper 1 Shipper Shipper Shipper Shipper Shipper Shipper Shipper 3 4 4 Buyer Buyer Buyer Buyer Buyer Buyer
CIF Who Pays Shipper Shipper 1 Shipper Shipper Shipper Shipper Shipper Shipper Shipper Shipper 4 4 Buyer Buyer Buyer Buyer Buyer Buyer
RULES FOR ANY MODE OR MODES OF TRANSPORT EXW = EX WORKS FCA = FREE CARRIER T = CARRIAGE PAID TO CIP = CARRIAGE AND INSURANCE PAID TO DAT = DELIVERED AT TERMINAL DAP = DELIVERED AT PLACE DDP = DELIVERED DUTY PAID
RULES FOR SEA AND INLAND WATERWAY TRANSPORT FAS = FREE ALONGSIDE SHIP FOB = FREE ON BOARD CFR = COST AND FREIGHT CIF = COST, INSURANCE AND FREIGHT
AIT Worldwide Logistics, 701 N. Rohlwing Road, Itasca, Illinois 60143 For questions call 800-669-4248 www.aitworldwide.com Ryan Paul – 630.886.6945 (mobile)
[email protected] This chart was conceived, researched, prepared, developed and created by Bill Paul. For more information please call Freight Match Services at 630.980.1454