Navigating the complexities of Free Carrier (FCA) Incoterms can be challenging. FCA terms require a nuanced understanding of logistical responsibilities, especially when it comes to ensuring compliance and maximising efficiency in global trade operations. ShipBob offers a comprehensive suite of solutions t...
An Intro to Shipping Terms and FCA Incoterms® There are 11 different kinds of Incoterms® available for international businesses to use, and choosing the one that is most advantageous to your current import requires a keen understanding of what each term means along with the experience to...
The whole process is “free carrier”, which means that the goods are delivered to the carrier. Different fees DDP: The cost of DDP includes handling fees, duties, taxes and other charges. FCA’s fees include all duties, taxes and other charges. ...
FAS One of 13 INCOTERMS."Free Alongside Ship" means that the seller delivers when the goods are placed alongside the vessel at the named port of shipment. This means that the buyer has to bear all costs and risks of loss or damage to the goods from that moment. FCA One of 13 INCOTER...
If you own any sort of business, there’s a high chance that you’ve come across the words FCA incoterms. What it means, you ask? It simply refers to an arrangement where the seller is under obligation to deliver the package to a pre-determined destination known as “Named Place”. Th...
Part of theComprehensive Incoterms Guide International trade iscomplicated. And while no two countries have exactly the same laws, when it comes to freight there are many precepts that are standardized worldwide. This means that no matter where you ship from, you will encounter the same regulatio...
Understanding Incoterms: Free Carrier (FCA) Here we’re reviewing the Incoterm “Free Carrier” or “Free Carrier Agreement,” abbreviated as FCA. What is the Incoterm “Free Carrier” (FCA)? In an FCA shipping arrangement, the seller is responsible for arranging the transit to a designated...
There are seven Incoterms that can be used in freight agreements for any mode of transport: EXW EXW or “ex works” requires the seller to prepare goods for shipping. From that point, the buyer is responsible for making further transport arrangements. FCA FCA or “free carrier” means a se...
The two incoterms are very similar, except that CIP is used for all modes of transport, whereas CIF applies to sea freight only. This also means that for CIF, responsibility transfers at the origin seaport, whereas for CIP it transfers at any agreed-upon location in the origin country. ...
This is because unlike in EXW, FOB terms reduces the burden of cost and risk for the buyer. A FOB pricing means that the seller will transport the goods to the nearest port or terminal, not their premises like in EXW. Once at the port, the seller will additionally clear with China’s...