Your go-to logistic dictionary

Ex Works (EXW)

EXW (Ex Works) is an incoterm that the buyer collects goods from the seller’s designated place, and bears all costs and risks up to the destination.

Free on Board (FOB)

Free on Board (FOB) is an incoterm that specifies when the seller and buyer take on the respective costs, obligations, and risks for the cargo in delivery.

Free Carrier (FCA)

Free Carrier (FCA) is an incoterm that requires the seller to clear the export and deliver the goods to a named place for transfer to the carrier.

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