Incoterms® 2020 announced: Get the latest info The International Chamber of Commerce has announced its ten-yearly update. Incoterms® 2020 will take effect on January 1st, 2020. 2019-09-10 The transport and logistics industry has been waiting for the International Chamber of Commerce to announce Incoterms® 2020, which will take effect on January 1st, 2020. The announcement reveals no major changes - one Incoterm® has been renamed, cost allocation and security are more prominent and Guidance Notes have been expanded. SEE OUR INCOTERMS PAGE