CARM: What all importers need to know about CARM

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Terminology

D

DDP, Delivered Duty Paid

Under DDP Incoterms, the seller delivers the goods to the buyer, cleared for import, and not unloaded from the arriving means of transport at the named place of destination. Seller bears all risks and costs including any duty or customs formalities at destination. (For a complete list of Incoterm definitions including a chart of buyer and seller responsibilities, see Universal’s Incoterms 2010.)

Quick Tip #7
Stay on schedule by staying informed

As a client of Universal Logistics, you will always be among the first to learn about key events that could influence the shipping of your imports or exports. That’s because we issue Email Alerts! whenever something important happens.

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