Definition
An Incoterms 2020 rule for any mode of transport where the seller pays for carriage to the named destination but risk transfers to the buyer when the goods are handed to the first carrier. The seller's payment of freight does not extend the seller's risk, which ends earlier at the point of handover. CPT is the multimodal equivalent of CFR.
Frequently asked questions
What is CPT (Carriage Paid To)?
An Incoterms 2020 rule for any mode of transport where the seller pays for carriage to the named destination but risk transfers to the buyer when the goods are handed to the first carrier. The seller's payment of freight does not extend the seller's risk, which ends earlier at the point of handover. CPT is the multimodal equivalent of CFR.
Which glossary terms are related to CPT (Carriage Paid To)?
CPT (Carriage Paid To) is a documentation term in the South African import/export industry. Related terms in the same area include Air Waybill (AWB), ATA Carnet, Bill of Lading (BoL), Cargo Manifest, Certificate of Conformity — each has its own plain-English definition in the TradeCaravan glossary.