Logistics, is the act of giving birth to a real business, just like to child is born if it is not "delivered" yet!
Speaking of transportation costs, the first thing that comes to mind is the amount of the freight that is paid to the transport service provider, which is of course only a fraction of the bigger picture.
A trading company. assigns a freight forwarder to arrange for transportation of its shipment from China to Iran, and something goes wrong badly and there is an important point here to learn.
If you already know all about Incoterms 2010, in this article, you can check out all the differences between version 2010 and 2020 and update yourself very quickly.
What is CIF ? In this article, you will read up on all the details and know-hows about CIF in Incoterms 2020.
What is CFR ? In this article, you will read up on all the details and know-hows about CFR in Incoterms 2020.
What is FOB ? In this article, you will read up on all the details and know-hows about FOB in Incoterms 2020.
What is FAS ? In this article, you will read up on all the details and know-hows about FAS in Incoterms 2020.
What is DDP ? In this article, you will read all the details about DDP in Incoterms 2020.
What is DPU ? In this article, you will read up on all the details of DPU in Incoterms 2020.