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WHAT IS CIF

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                                                    WHAT IS CIF CIF is short form of "Cost, Insurance and Freight". Like the CFR this incoterm is also exclusively used for shipping. Also like the CFR CIF is used for bulk goods and non containerised shipments. This indicates that the seller is responsible for the cost as well as the freight of the goods to the destination port which is decided by the buyer. In addition to all of this the seller must also provide insurance for the goods being transported. In CIF the risk transfer point is also different from other incoterms. The risk transfer point is not the same cost transfer point as is the case with other incoterms. Under CIF the risk is transferred when the goods get loaded on the ship at the origin of the shipment. The seller is obliged to give insurance to the goods and deliver the shipment ...

WHAT IS CFR

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                                                    WHAT IS CFR CFR is "Cost and Freight". This incoterm is only for the maritime shipping. In this incoterm the seller does not only delivers the goods to the buyer but he or she is also responsible for goods to be transported to the destination port and their transportation costs. It is commonly used where where the seller has direct access to the vessel for loading. For example bulk cargos and non containerised goods. The seller under CFR undertakes the responsibility of delivering the goods to the port mentioned in the contract, get a customs clearance from the origin and pays for the international freight. All the rules of the previously mentioned incoterms apply to CFR also. The seller however is not responsible for the insurance of the goods The insurance of the goods is a responsibility of ...

What Incoterms Do Not Insure

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                           What Incoterms Do Not Insure An important aspect while negotiating incoterms traders should keep in mind is that incoterms do not cover for the insurance of the goods being transported. Incoterms also does not guarantee property rights or breach of contract. So these terms must be included within the contract of sale. Also as incoterms do not cover insurance so the seller or the buyer has to bear the cost of it. This has to be done according to the incoterms. So these are brief terms that incoterms do not cover and must be kept in mind READ MORE- Freight Forwarding Online, Buy & Sell Ocean Freight,Tronslog

Tronslog Insta

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                                                          Tronslog Insta Empowering freight forwarders to move to next generation of freight forwarding. This unique subscritpion based software provides quick rate procurement to support faster quote generations and boost sales. Gives you access to multiple line rates for a given route so you can offer your customers the optimum shipping solution everytime. Give this effective tool to your sales team and monitor their sales pipeline , margins and progress against a target on a well designed dashboard. Don't lose track of those overseas agents and transporters you work with. You can manage them http://tronslog.com/#home all here. READ MORE- Freight Forwarding Online, Buy & Sell Ocean Freight,Tronslog

Tronslog as Freight forwarders from Hyderabad

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          Tronslog as Freight forwarders from Hyderabad Tronslog are freight forwarders in Hyderabad, Located at corporate center of city. Tronslog is situated at corporate centre of the city because it wants to give freight forwarding in Hyderabad a new direction based on technology and breaking through the barriers faced by traditional freight forwarders. Hyderabad being a non sea port, Freight forwarding was difficult and expensive but as the industries in Hyderabad began to grow rapidly the exports and imports from Hyderabad reached new levels every day. Tronslog as a freight forwarder in Hyderabad assisting exporters and importers around the world in following ways : Instant port to port freight rate for more than 50,000 port pairs. Complete door to door costing including Factory pick up,Export clearance,Freight, Import clearance and delivery. We also assist in acquiring marine insurance policy for shippers on request. We save both time and m...