Incoterms® training – 2010, 2020 changes

The 7 Incoterms®changes between the 2010 and 2020 edition and which we cover in our Incoterms® training.

In this Incoterms training, we discuss the new 2020 Incoterms® list and the 7 main changes from the 2010 edition.

Incoterms® (from International Commercial Terms) are a widely accepted set of rules and standards used in domestic and international trade.

“Incoterms” is a trademark of the International Chamber of Commerce. They are commonly known and recognized by their 3 letter abbreviations (EXW, FOB, DDP…). They are update on a regular basis and in this short training, we present the main differences between the 2010 and the 2020 edition.

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DPU Incoterms® video

A visual representation of the new 2020 Incoterm DPU, Delivered at Place Unloaded. Extract from our Incoterms training.

In the 2020 edition of the Incoterms®, the previous DAT (Delivered At Terminal) Incoterms has been renamed to DPU (Delivered at Place Unloaded) with the goal of emphasizing the fact that the place of destination can be any place not only a “terminal”, but there are more.

Find our more in the below a video extract from our Incoterms training, more specifically the DPU, Delivered at Place Unloaded Incoterms slide.

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Incoterms® 2020 training – online course – elearning – PAID

In this Incoterms® online training we talk about Incoterms®, what they are, what they are used for and how to use them before reviewing the 11 Incoterms® of the 2020 edition.
Incoterms® or International Commercial Terms are a series of pre-defined commercial terms used commonly when trading. They notably help define the rights and obligations of buyers and sellers in terms of transport organization, customs responsibilities and risk coverage.

More information about this Incoterms® training here

Curious about the new DPU Incoterms®?

DPU, Delivery at Place Unloaded, means that the seller delivers and unloads the goods at a named place. The buyer is responsible for clearing the goods for import and carrying them to their final destination.

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