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Glossary

What is CPT (Carriage Paid To)?

Byatuljain November 15, 2023

Definition: CPT, or Carriage Paid To, is a significant international trade term that delineates the responsibilities, costs, and risks associated with the delivery of goods from the seller to the buyer. As part of the Incoterms (International Commercial Terms), CPT specifies that the seller is obligated to arrange and pay for the transportation of the…

Glossary

What is Carriage Paid To (CPT)?

Byatuljain October 26, 2023

In the complex world of international trade and supply chain management, various Incoterms play a crucial role in defining the responsibilities and costs between buyers and sellers. One such Incoterm is Carriage Paid To (CPT), which outlines the terms of transportation, delivery, and risk transfer in a transaction. What is Carriage Paid To (CPT) ?…