Incoterms® are a set of three-letter trade terms developed by the International Chamber of Commerce for shipping freight and determining the point of risk of loss from the seller to the buyer.

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. Suzanne is a ...

With fuel costs rising, recovering your freight costs before you ship your merchandise reduces your cash outlay. Sending an order via freight on board, also known as free on board, with prepaid ...

Delivery terms aren’t just legal fine print—they are strategic terms that can drastically shift the costs and obligations between the parties to a contract, especially when tariffs are involved. This ...

No return to the Red Sea and re-opening of the Suez Canal in sight. Geopolitical impacts (trade wars, decarbonization) on freight add significant uncertainty but may ultimately be a nothing burger.

The American economy is made up of businesses that produce the goods that consumers want to buy. After production, companies then need to get their goods from point A to point B so that they can ...