ddp

What does door-to-door delivery mean

What does door-to-door delivery mean

Door-to-Door Delivery (DDP) is a full-process logistics service model in international trade. Door-to-door means that the logistics service provider or seller is responsible for delivering the goods directly from the shipper’s (seller’s) designated location (such as a factory or warehouse) to the consignee’s (buyer’s) final destination (such as a customer’s warehouse or store), and bears […]

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Explanation of 13 trade terms

Explanation of 13 trade terms

Master 13 crucial trade terms with our comprehensive guide. Elevate your expertise and navigate the business landscape with confidence. The following is a classification and definition of the 13 trade terms in the International Chamber of Commerce (ICC) International Commercial Terms (Incoterms), which summarizes the evolution of terms and the latest adjustments in different versions

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Understanding EXW, FOB, CFR, CIF, and DDP

Understanding EXW, FOB, CFR, CIF, and DDP

Comprehensive guide to EXW, FOB, CFR, CIF, and DDP in international trade—differences, risk allocation, 2025 updates, and real-world case studies. In global trade, clarity on responsibilities, costs, and risks between buyers and sellers is essential. The Incoterms® rules, published by the International Chamber of Commerce (ICC), provide a standardized framework to avoid disputes and streamline

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