Reddick, Florida. Reddick is a town in Marion County, Florida, United States. As of the 2000 census, the town population was 571. As of 2004, the population recorded by the U.S. Census Bureau is 618. It is part of the Ocala Metropolitan Statistical Area.
Freight. Money paid for the transportation of goods. Freight insurance is a common coverage in marine insurance, purchased by the owners of transporting vessels.News On Freight.reight. Money paid for the transportation of goods. Freight insurance is a common coverage in marine insurance, purchased by the owners of transporting vessels. News On Freight.
CIF-Cost, Insurance and Freight. Cost, Insurance and Freight means that the seller has the same obligations as under CFR but with the addition that he has to procure marine insurance against the buyer's risk of loss of or damage to the goods during the carriage. The seller contracts for insurance and pays the insurance premium. The buyer should note that under the CIF term the seller is only required to obtain insurance on minimum coverage. The CIF term requires the seller to clear the goods for export. This term can only be used for sea and inland waterway transport.