CARM: What all importers need to know about CARM

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Terminology

E

EXW, Ex Works

Under EXW Incoterms, the seller delivers when they place the goods at the disposal of the buyer at the seller’s premises or another named place (i.e: ex works, factory, warehouse, etc.) not cleared for export and not loaded on any collecting vehicle. (For a complete list of Incoterm definitions including a chart of buyer and seller responsibilities, see Universal’s Incoterms 2010.)

Quick Tip #17
When it doesn’t pay to control your freight

Origin or destination services at overseas locations often involve local knowledge (special collection or delivery requirements) that may best be left to the locals!

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