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Cost and Freight (CFR) |
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Cost and Freight (CFR)Seller is responsible for the payment of freight to carry goods to a named destination, as agreed with the buyer. This should be used with ocean shipments only, as the point where risk and responsibility pass from seller to buyer is the rail of the carrying vessel.Cost and Freight (CFR) Similar MatchesFreight shippersFreight shippersAgents who coordinate the logistics of transportation. Cost, insurance, freightCost, insurance, freightSee CIF. Air Freight ConsolidatorAir Freight ConsolidatorAn air freight carrier that does not own or operate its own aircraft but ships its cargo with actual equipment operating carriers. Consolidators issue house air waybills to their customers and receive master air waybills from the actual carriers. FreightFreightA transportation term meaning either goods being transported, and/or charges incurred for such transport. Freight ForwarderFreight ForwarderSee: forwarder. |
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