Incoterms | Shipping Term Explained | Logistics Glossary
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GLOSSARY

Incoterms

The incoterms are associated terms established by the International Chamber of Commerce for international commercial law.

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What is the meaning of the incoterms in logistics?

The incoterms are a set of terms, and each one of them is assigned with three-letter acronyms used and recognised internationally. Each of these three-letter codes is used for international trade for sold goods.

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