Welcome to TRANSWAYS - One Stop Logistics Solution-. "It's our 10th Anniversary and we'd like to Thank You for your support. Your Reliable Logistics Partner"
Glossary of Terms and Abbreviations
Incoterms 1990 are a set of uniform rules codifying the interpretation of trade terms defining the rights and oblications of both buyer and seller in an internationla transaction, thereby enabling an otherwise complex basis for a sale contract to be accomplished in three letters

TERMS     WHOPAYS     WHAT

  Export Collect Export Clearace Loading to export vehicle/vessel Freight Insurance Unloading Discharging Import Clearance Delivery Duty & Taxes
 EXW

 Ex Work

Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer
 FCA

 Free Carrier

Seller Seller Buyer Buyer Buyer Buyer Buyer Buyer Buyer
 FOB

 Free On Board

Seller Seller Seller Buyer Buyer Buyer Buyer Buyer Buyer
 CFR

 Cost&Freight

Seller Seller Seller Seller Buyer Buyer Buyer Buyer Buyer
 CIF

 Cost Insurance  & Freight

Seller Seller Seller Seller Seller Buyer Buyer Buyer Buyer
 CPT

 Carriage Paid To

Seller Seller Seller Seller Buyer Buyer Buyer Buyer Buyer
 CIP

 Carraige&Insurance  Paid To

Seller Seller Seller Seller Seller Buyer Buyer Buyer Buyer
 DDU

 Delivered Duty Unpaid

Seller Seller Seller Seller Seller Seller Seller Seller Buyer
 DDP

 Delivered Duty Paid

Seller Seller Seller Seller Seller Seller Seller Seller Seller

 Terms EXW, FCA, CPT, DDU & DDP can be used for all modes of transport.

 Terms FOB CFR & CIF should be used for Sea and Inland waterway only.

 Other terms are available and may be more applicable to your requirement

 It is generally accepted that the party who pays the Freight selects the Carrier






For more information about the internal dimensions available for cargo build-up, please call the Service Center at 603 3325 1589

 
|  HOME  |  COMPANY PROFILE  |  OUR SERVICES  |  GLOBAL NETWORK  |  INFORMATION  |
Copyright 2009. All Rights Reserved Transways