A brief overview of the shipping terms "Carriage Paid To (CPT) and Carriage and Insurance Paid To (CIP). This information is taken from "A Basic Guide to Exporting" provided by the U.S. Commercial Service to assist U.S. companies in exporting.
Last Published: 10/20/2016

Carriage Paid To (CPT)/Carriage and Insurance Paid To (CIP)

CPT and CIP apply to a named destination. These terms are used in place of Cost and Freight (CFR) and Cost, Insurance, and Freight (CIF), respectively, for all modes of transportation, including intermodal.