Training on the Incoterms® 2020 Rules

Learn the differences between the seller and buyer’s rights and obligations with respect to the shipping or transportation of goods.

New training for Incoterms® 2020 is available! Updated Incoterms® 2020 Rules go into effect January 1, 2020. The International Chamber of Commerce (ICC) set out to make Incoterms® 2020 easier to access and the updated rules define who, between a seller and buyer is responsible for the costs and risks associated with delivering goods.

Incoterms® are the internationally recognized standard for both international and domestic contracts for the sale of goods. The rules are developed and maintained by experts and practitioners brought together by ICC and are the standard in international business rules setting trade terms to help traders avoid costly misunderstandings and identify which fees and potential liabilities that can impact the price of their goods.

As with all trade compliance, it is important that all involved in international trade garner a thorough understanding of the amended Incoterms® 2020 Rules. Take any of our new Incoterms® 2020 courses and learn from the experts, what changes have been made and how to apply the rules. Courses are designed for companies who export and import goods.