incoterm cpt

incoterm cpt stands for “Carriage Paid To,” a shipping term used in international trade. Under CPT, the seller is responsible for paying the transportation costs to deliver goods to a specified destination. The seller also assumes responsibility for all risks associated with transportation until the goods are handed over to the carrier. However, the buyer assumes responsibility for any additional costs, such as insurance or import duties, once the goods are with the carrier. This term is commonly used in global trade for international shipments.