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, see Universal’s Incoterms 2010.)

Quick Tip #45
Secure written quotations for all traffic lanes and pay careful attention to the validity dates – Understand the assessorial charges right from the start

Freight rates can change frequently – sometimes every 1-2 weeks. It is important to pay attention to the validity dates to ensure you have requested an updated rate at the time of your shipment.

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