Find Demolition Contractors in Springfield, IL to help you Demolish and Remove Structures. All Springfield contractors are prescreened.
Cost, Insurance and Freight (CIF) is a trade term requiring the seller to arrange for the carriage of goods by sea to a port of destination, and provide the buyer with the documents necessary to obtain the goods from the carrier.
FOB shipping is the term used when the ownership/liability of goods passes from the seller to the buyer at the time the goods cross the shipping point to be delivered. FOB destination designates that the seller is responsible for the goods until the buyer takes possession.hese are global shipping terms which are used in international trade. CIF means Cost Insurance and Freight. That means the shipper/trader has to pay the cost of shipment up to the ship, insurance cost of cargo and freight cost up to destination port.