Chinese New Year, also known as the Spring Festival or Lunar New Year, is one of the most important holidays in Asia and has a significant impact on global supply chains.

In the current version of the Incoterms® with its latest modification in 2020, the rules are represented by 11 terms or acronyms, which are divided into those applicable to any mode of transport (EXW, FCA, CPT, CIP, DAP, DPU, and DDP) and those for […]

What they are and what the latest updates consist of. Incoterms® are a set of regulations and terms used in international trade, accepted by governments and businesses worldwide. They regulate the responsibilities of companies in sales contracts, […]