NEWS


TMT USA : 3 locations : Boston - Houston - Miami

 

 

TMT France becomes AEO

Opening a new Warehouse in Le Havre France
 Implementing Warehouse Management System

 

 

 

CALENDAR


VINEXPO Bordeaux, France
from 2019-05-13 to 2019-05-16

 

PPI Transport Symposium 23 Tarragone, Spain
from 2019-09-16 to 2019-09-18

 

 

PRACTICAL ISSUES
 

Craft Beverage Modernization and Tax

Reform Act of 2017 (CBMA) Webinar
April 2019

 

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International transports & logistics


EXW : Ex Works

This rule may be used irrespective of the mode of transport selected and may also be used where more than one mode of transport is employed. It is suitable for domestic trade, while FCA is usually more appropriate for international trade.

« Ex Works » means that the seller delivers when it places the goods at the disposal of the buyer at the seller’s premises or at another named place (i.e., works, factory, warehouse, etc.).

The seller does not need to load the goods on any collecting vehicle, nor does it need to clear the goods for export, when such clearance is applicable.

The parties are well advised to specify as clearly as possible the point within the named place of delivery, as the costs and risks to that point are for the account of the seller.

The buyer bears all costs and risks involved in taking the goods from the agreed point, if any, at the named place of delivery.


The reproduced text is an extract from Incoterms 2010, the extract comes from publication no. 715 EF Incoterms 2010, the publication is protected by copyright, the ICC contact details and website http://www.iccwbo.org, the word “Incoterms" is an ICC trademark, Incoterms 2010 are the updated rules for interpreting commercial terms created by the ICC in 1936