CARM: What all importers need to know about CARM

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Terminology

D

DAT, Delivered At Terminal

Under DAP Incoterms, the seller delivers when the goods, once unloaded from the arriving means of transport, are placed at the disposal of the buyer at a named terminal at the named port or place of destination. The seller bears all risks and costs involved in bringing the goods to and unloading them at the terminal at the named place of destination. (For a complete list of Incoterm definitions including a chart of buyer and seller responsibilities, seeĀ Universalā€™sĀ IncotermsĀ 2010.)

Quick Tip #26
When airfreight is faster and cheaper

Ocean freight is not always the cheapest option, especially when smaller shipments attract minimum charges that add up quickly.

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