In daily logistics practice, implementing Incoterms means: selecting the correct term for each shipment (e.g., FOB for sea freight, CIF for import pricing), clearly delineating cost and risk responsibility in the sales contract, preparing the appropriate transport documents (bill of lading, air waybill), and ensuring customs, insurers, and freight forwarders each understand who pays for what and carries risk until where.
Source: https://iccwbo.org/resources-for-business/incoterms-rules/incoterms-2020/
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