CPT, or Carriage Paid To, is an Incoterm for any transport mode where the seller pays the carriage to a named destination, but risk passes to the buyer as soon as the goods are handed to the first carrier. The seller funds the journey to the destination, yet the buyer carries the risk for most of it. It works for road, rail, air, sea, or a combination, which makes it the multimodal counterpart to CFR.
CPT suits containerized and multimodal moves where one carrier chain runs door to port or door to door. The buyer should note that paying for carriage and bearing risk are split here. Texas International Freight runs CPT shipments and lays out the shipping terms against the alternatives.
