From 2020, the commercial terms in the new version (update) of Incoterms apply. Incoterms trading rules are accepted around the world. They are of great importance for the TSL industry due to the fact that they allow the parties to the sales contract to easily define the rules for the delivery of goods.
Incoterms® rules are the most important trade terms in the world for the sale of goods. Regardless of whether you place an order, pack and label a parcel for transporting goods, or prepare a certificate of origin at a port, Incoterms® rules apply. Incoterms® rules provide detailed guidelines for those involved in the daily import and export of world trade.