Incoterms: clearly regulating trade terms
Green Line sets great store by transparency and traceability, something that naturally affects the cost factor above all. To ensure that you, the customer, are fully aware, you can read the globally applicable Incoterms here (current 2010 edition), produced by our insurance partners SCHUNCK AG & Co. KG.
Incoterms help buyers and sellers to regulate trade terms:
When is risk transferred?
Who bears what logistics cost and from when?
Who defines who and from when a company is responsible for which insurance claim?
A current version of the "Incoterms" is soon available.