incoterms cpt

incoterms cpt Incoterms CPT (Carriage Paid To) is a shipping term in international trade where the seller is responsible for delivering the goods to a carrier or another nominated party for transportation. The seller pays for the cost of transportation to the agreed-upon destination but does not assume responsibility for the goods once they are delivered to the carrier. This term is commonly used in B2B transactions, providing clarity on who handles shipping costs and risks during the shipping process. Understanding CPT is crucial for both importers and exporters to manage their shipping responsibilities effectively.