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Day: September 22, 2020

Difference Between the Incoterms DDP vs. DDU

Difference Between the Incoterms DDP vs. DDU

International business transactions requiring the delivery of goods can result in misunderstandings if the sellers do not clearly agree on terms in advance. The International Chamber of Commerce (ICC) developed the International Commercial Terms, or Incoterms, to give...
Challenges and New Solutions in Logistics

Challenges and New Solutions in Logistics

Cutting transportation costs is one of the most significant challenges for businesses involved in international trade. However, there are other issues relating to improving business processes, communication, improving customer service, and keeping up with...
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