What is Cost and Freight? : Abaara fun facts and uncommon knowledge

Abaara topic: Cost and Freight

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Abaara topic: Cost and Freight

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Cost and Freight

Cost and Freight (CFR) is a Incoterm. It means that the seller pays for transportation to the port of shipment, loading and freight. The buyer pays for the insurance and transportation of the goods from the port of destination to his factory. The passing of risk occurs when the goods pass the ship's rail at the port of shipment.

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This article is from Wikipedia. All text is available under the terms of the GNU Free Documentation License

Page topic: Cost and Freight