Hello

  North America

Luckily everything has an end

The Incoterms 2020 poster from Scope shows precisely where your responsibilities start and close.

For everyone new to the business: The Incoterms (International Commercial Terms) are standardized commercial terms issued by the International Chamber of Commerce (ICC). As a supplement to sales contracts in both the international and national movement of goods, Incoterms regulate tasks, costs and the transfer of risks. They define precisely where you responsibilities begin, but more importantly where they end.

Incoterms 2010 and Incoterms 2020 – What applies when?

The Incoterms 2020 will apply as of January 1st, 2020. However, Incoterms 2010 can still be applied if both business partners agree.

What is new in Incoterms 2020?

There are still 11 Incoterms, each coded in 3 letters. But 5 things have changed.

  • DAT, DAP, DPU: The clause DAT is dropped. In its place either the clause DAP or the new clause DPU can be used.
  • FCA: Here a regulation has been added to on-board bill of lading confirming that the goods have been taken on board or are intended to be taken on board a ship.
  • CIF, CIP: While the insurance clause ICC-C (minimum insurance cover against specified damage) continues to apply when the CIF clause is applied, insurance cover ICC-A (Institute Cargo Clauses - All risks) is required for CIP.
  • FCA, DAP, DPU, DDP: Within the framework of a transport contract, it can now also be agreed that the buyer or seller will carry out the transport using his own vessels.
  • FAS, FOB, CFR, CIF: The clauses EXW, FCA, CPT, CIP, DAP, DPU, DDP apply to all modes of transport including inland waterway and sea transport. FAS, FOB, CFR and CIF are reserved exclusively for shipping traffic, primarily used for mass and bulk materials.

What does Riege do?

Riege does you good, even when it comes to Incoterms. In order to simplify their application in daily practice, we created a poster for you to download the new Incoterms 2020 for personal use. So you always have all clauses in view.

Incoterms 2020 (Deutsch)

Incoterms 2020 (English)

Seeing is believing.

Discover why leading forwarders favor Scope over others.

Request a demo

Cookie Settings

Notification on the use of cookies

We use cookies on our website. Some of them are necessary, while others help us to improve our online offer and to operate economically. We would like to give you the choice of which cookies you allow. You may either reject or accept the cookies that are not necessary by clicking on the checkboxes. You can revoke your consent at any time via the settings in the footer of our website.

Notification on processing your data collected on this website in the U.S.

By clicking on "Accept all", you also consent pursuant to Art. 49 (1) p. 1 lit.a GDPR that your data will be processed in the USA. The USA is assessed by the European Court of Justice as a country with an insufficient level of data protection according to EU standards. In particular, there is a risk that your data may be processed by US authorities, for control and for monitoring purposes, possibly also without any legal remedy. If you only select the "Required cookies" button, the transmission described above will not take place. For more information about the use of cookies on our website and the processing of your data, please see our privacy policy.

Required cookies allow you to move around a website and use its features to the fullest extent. Without these cookies, functionalities such as actions performed or text input cannot be obtained during a visit.

Functional cookies are used to enable requested functions such as playing videos. These cookies collect anonymised information, they are therefore not able to track movements on other websites.

Performance cookies collect information about how a website is used, such as which pages have been accessed most frequently. These cookies do not store information that allows users to be identified.

Cookies for marketing purposes are used to target relevant advertisements that are adapted to the interests of the user. They are also used to limit the frequency of appearance of an ad and to measure the effectiveness of advertising campaigns.