Conquer the CLTD Challenge 2025 – Navigate Your Path to Logistics Success!

The correct term is EXW, or Ex Works, which indicates that the buyer is responsible for taking over the goods at the seller's premises or another specified location. This term reflects the minimum obligation for the seller, who is only required to make the goods available for the buyer to collect. Once the goods are available, the risk and responsibility transfer to the buyer, who must manage all further logistics, including transportation and insurance.

In contrast, other terms like FCA or Free Carrier involve the seller arranging for the goods to be delivered to a carrier at a specified location, thus sharing some responsibility for logistics. CPT, or Carriage Paid To, means the seller pays for the transport to a specific location, but the risk transfers to the buyer once the goods are handed over to the carrier. DAT, or Delivered at Terminal, involves the seller delivering the goods to a terminal and covering associated costs, with risk remaining with the seller until that point. Recognizing these distinctions is crucial for understanding roles, responsibilities, and risk in logistics agreements.