Universal Cargo Teaching About Incoterms in Lorman Live Webinar

Here’s your chance to learn all about Incoterms from Universal Cargo’s General Manager Raymond Rau.

When it comes to international business deals involving importing and exporting, the importance of Incoterms cannot be understated.

In fact, Incoterms is such a big topic that each of our blogs defining Incoterms have more visits than any other page on our website, including our Home Page.

Lorman Education Services has invited Universal Cargo to teach a live webinar titled ICC Incoterms Updates. Raymond Rau will be teaching the Webinar on June 28th at 10 am PST (1 pm EST).

• You will be able to define each of the 11 Incoterms.

• You will be able to discuss why having the right Incoterm in place will help to reduce or eliminate confusion and missed steps in the shipping process.

• You will be able to explain which Incoterm will be of most value to you.

• You will be able to review the benefits and problems with the most frequently used Incoterms in order to make a decision that is in your best interest.

• You will be able to have your Incoterms questions answered in a Q&A session with Raymond Rau.

If you cannot attend the live webinar, Lorman also offers it on demand. The biggest disadvantage of the on demand version is not being able to take part in the live Q&A; however, you will still be able to learn from the questions others ask.

For Universal Cargo’s blog readers, Lorman is offering a 50% discount on the webinar. All you have to do is follow one of our links to the webinar to take advantage of the half off deal.

Incoterms mystify many. Even experienced business people can find Incoterms confusing and intimidating. However, the importance of Incoterms to international shipping deals makes this topic vital to your success in international shipping.

Lorman Education Services, a national provider of continuing legal education, sponsors national live webinars for professionals across the United States. After asking if you need a refresher on international trade law, they describe the webinar as follows:

Make sure you are up-to-date on the most recent updates on the International Commercial Terms rules and regulations.

Many sellers and buyers are unfamiliar with what is required to handle a shipment from A to Z. They may be relying on the other’s expertise when, in fact, there are gaps in information.

For U.S. imports, many sellers do not fully understand U.S. customs processes and destination handling and the buyer (U.S. importer) does not fully understand the processes involved at the origin.

For U.S. exports, the same applies. U.S. based sellers (exporter) may have difficulty handling the destination customs processes and buyers do not fully understand what’s required in the U.S..

This topic helps the buyers (importers) and sellers (exporters) understand the process of an international shipment and then to understand the risks and costs involved for each party under each incoterm. This will allow the shippers to protect themselves financially by formally establishing expectations for each party in regards to the shipment process.

This information is critical for U.S. buyers (importers) and sellers (exporters) so they can make informed decisions about the terms of sale before signing a contract with any company.

Again the time and date of this live Incoterms webinar are:

• June 28th
• 10-11:30 am PST (1 pm EST)