Shipment Tracking

Cost and Freight (…named port of destination)

“Cost and Freight” means that the seller delivers when the goods pass the ship's rail in the port of shipment.

The seller must pay the costs and freight necessary to bring the goods to the named port of destination BUT the risk of loss of or damage to the goods, as well as any additional costs due to events occurring after the time of delivery, are transferred from the seller to the buyer.

The CFR term requires the seller to clear the goods for export.

This term can be used only for sea and inland waterway transport. If the parties do not intend to deliver the goods across the ship's rail, the CPT term should be used.

    Seller's Primary Duties
  • Deliver goods at the named port of destination
  • Provide seller evidence of delivery
  • Package and mark goods for export
  • Prepare Documents
  • Commercial invoice
  • Export Declaration
  • Export License
  • Pay loading costs if included in contract of carriage

    Buyer's Primary Duties
  • Accept goods at port of destination
  • Arrange import clearance
  • Obtain import license (when applicable
  • Pay cost for any required pre-shipment inspection
  • Coordinate and pay unloading costs at destination unless included in contract of carriage