Cif and fob?

FOB and CIF are INCOTERMS or international commercials terms (terms of sale).

The key difference is that the main costs of carriage are paid for by buyer in a FOB contract, so he will take care of the vessel shipment. Under a CIF arrangement, the seller take this...

cif will paid throw of shipper. fob will paid throw of buyer.

CIF is abbreviation for Cost Insurance Freight and refers to the pricing for an item, where if pricing is said to be CIF then included will be the cost of the item, the insurance for the item in...

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...