What Is CIF in International Shipping?
Source: Avigator Fortuner/Shutterstock.com In the shipping industry, CIF stands for cost, insurance and freight. It’s an umbrella term used to determine accountability when moving goods overseas or from one country to the next. A lot of things can go wrong when you’re moving your freight around the world, and CIF is an easy way to make sure both the shipper and receiver understood the terms ...
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