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Full form of CFR shipping

Updated: 9/15/2023
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12y ago

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cost & freight

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12y ago
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Abhay Sharma

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1y ago
Cfr
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Abhay Sharma

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1y ago
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Q: Full form of CFR shipping
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What is difference between Fob Cif and cfr?

In the United States FOB is used for domestic shipping and CFR for international shipping. FOB means Freight on Board or Free on Board or the shipper loads the truck or train car. The buyer is responsible for shipping fees. In the United States, the trucking line or Rail Road Company is responsible for the cost if the merchandise is destroyed in an accident. CFR means the shipper pays the expenses of getting the shipment onto the boat or airplane. Shipping fees are the responsibility of the buyer. Insuring the merchandise incase of shipwreck or piracy is also the responsibility of the purchaser. CIF means the seller pays for the expenses of getting the freight loaded, the insurance, and the freight.


What is The meaning of gate in full in shipping?

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What does CFS mean in shipping terms?

CF means cargo and freight in shipping terms. The person who is selling goods pay for the cost of the goods and freight charges. CF has been replaced with CFR.