General
We see onboarding new clients as one of the most essential processes for customs brokers. On the one hand, because it entails a lot of regulatory matters and on the other hand, because our customers are at the core of what we do.
When goods are bought or sold "Ex Works" (EXW) it means that the Seller is making the goods available at their factory or warehouse. The buyer is then free to come and pick up the goods. Ex Works places full responsibility for cost and risk with the buyer, as the buyer has to arrange everything.
Whether you are importing or exporting goods, and whether you are a buyer or a seller, the chances are high that you will encounter Incoterms.
It has been four years since the United Kingdom decided to leave the European Union. Negotiations are still going, but a quick deal doesn’t seem to be near. Let’s have a look at where we stand currently.
