Incoterms® 2020 Cheat Sheet

You don't need any more delays...

so make sure your Incoterms® are correct!

Download our handy reference to the revised Incoterms® 2020.

English - Português - Español

Consequences of choosing wrong Incoterms®

The new Incoterms® 2020 rules have been effective since January 1st, 2020, and we are still seeing some confusion when it's time to pre-define trade responsibilities.

Incoterms® were created to avoid confusion between importer and exporter, buyers and sellers, so all parties understand their responsibilities.

Using the wrong Incoterms® could result in delivery and payment problems, as well as incorrect customs declarations, which can have serious legal ramifications.

Our cheat sheet - in English, Spanish, or Portuguese - will make your life easier!

Important to note that this is not legal advice and if you would like further information you can contact our Director of Int’l Risk Management & Compliance, Lori LaHuis here.

Terry McCracken

Vice Chairman of Customs Management at Supply Chain Solutions

Terry is the Vice Chairman of Customs Management. He has more than 40 years of experience in assisting companies in import and export strategies.

Contact Terry and his team here.

© 2020 SUPPLY CHAIN SOLUTIONS4607 44TH STREET S.E., GRAND RAPIDS, MI 49512