CARM: What all importers need to know about CARM

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Terminology

C

CPT, Carriage Paid To

Under CPT Incoterms, the seller pays to bring the goods to the named place of destination, but the risk of loss or damage and any costs relating to the goods while in transit pass to the buyer once the goods are handed over to the carrier. (For a complete list of Incoterm definitions including a chart of buyer and seller responsibilities, seeĀ Universalā€™sĀ IncotermsĀ 2010.)

Quick Tip #27
Show compliance with wood packaging regulations

Making your compliance with wood packaging regulations highly visible on all documentation reduces your chances of being inspected, especially now that enforcement is becoming increasingly stringent.

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