Spotlight on Incoterms – CIF (Cost, Insurance, and Freight) Everything You Need to Know
Created by the International Chamber of Commerce, Incoterms are a series of three-letter designations that define responsibilities between buyers and sellers around the sale of goods, specifically related to transportation costs and liability. If you’re looking for more information on Incoterms, check out our other articles on this topic: The Complete Guide to All 11 of the 2010 Incoterms Rules Incoterms 2020 Rules: Everything You Need to Know Protect Your Bottom Line by Understanding These 5 Common Incoterms Contract language between buyers and sellers can feel complex—but we're here to clear some of it up, at least when it comes to your Incoterms®. These handy...
Read More










