Introduction

For those engaged in global commerce, Incoterms are a familiar concept, outlining buyer-seller responsibilities. The Incoterms 2024-Term delves into exporters' crucial understanding of transaction points. It emphasizes the significance of familiarity with these three-letter trade terms and their impact on international business. Additionally, the session details acceptable terms on shipping documents for Customs compliance, covering both direct costs and regulatory requirements tied to sales transactions.

Learning Objectives

Inland and sea transaction terms
Marine insurance responsibility
Risk mitigation during shipment
Cost of carriage in intermodals
Minimum delivery duty obligations
Clarification of export/import terms and formalities

About Speaker

Dr. Rossano V. Gerald, Academic Professor and Founder of RVG International Consulting Firm, brings 30+ years of expertise in strategic management, marketing, and supply chain. A U.S. Army veteran, he aids small to medium-sized businesses in optimizing logistics and devises global management and marketing strategies. Holding a DBA in International Business, an Advanced Professional Business Certification, and pursuing an MBA in Project Management, Dr. Gerald is affiliated with the Free Trade Alliance, San Antonio Transportation Association, and Institute of Business Forecasting & Planning.