2022年9月30日 · Cost and freight (CFR) is a legal term used in foreign trade contracts. In a contract specifying that a sale is cost and freight, the seller is required to arrange for the carriage of goods...

In the law of the United States, the Code of Federal Regulations (CFR) is the codification of the general and permanent regulations promulgated by the executive departments and agencies of the federal government of the United States. The CFR is divided into 50 titles that represent broad areas subject to federal regulation.

In CFR the seller delivers when the goods are on board and cleared for export. The seller pays for freight to transport the goods until the final port of destination. However, the risk transfer occurs when goods are on board.

6 天之前 · In the Incoterms® 2020 rules, as in previous versions, Cost and Freight (CFR) requires the seller to place the goods on board the vessel contracted by themselves. From that point on risk of loss or damage to the goods transfers to the buyer.

Cost and Freight (CFR) Use of this rule is restricted to goods transported by sea or inland waterway. In practice it should be used for situations where the seller has direct access to the vessel for loading, e.g. bulk cargos or non-containerised goods.

CFR Incoterms, or Cost and Freight, is one of the 11 Incoterms (International Commercial Terms) defined by the International Chamber of Commerce (ICC). These Incoterms are standardized rules that outline the responsibilities of buyers and sellers in international transactions.