There are other shipping incoterms that refer to other modes of transportation as well. Some other incoterms including CIF, FAS, and FOB shipping incoterms are also applicable for sea freight and cargo that is delivered through sea or air. No, CNF is only applicable when goods are delivered via Sea freight. Is CNF applicable to all modes of transportation? These terminologies are usually used by people who are involved in the overseas delivery of goods including buyers, sellers, producers, banks, and traders use these terminologies. With the help of CNF, buyers and sellers can get a better understanding of risks, tasks, costs, and tax-related information that can be involved in transferring the goods.

The main purpose of defining these terminologies is to specify centralized, authentic, and constant standards for international trading.

CNF is one of the eleven pre-defined and globally recognized incoterm. They include 11 predefined sets of rules and regulations for buyers and sellers to facilitate international trade. Incoterms are commercial universal terms that are standardized to help and aid the trade.

Incoterms is a short form of International Commercial Terms. Understanding the available shipping options helps the business owner and seller to make their supply chain more efficient and flexible.ĬNF and other global shipping terms help the shipper and buyer to figure out and efficiently manage their freight cost. With the increase of international trading, the need of standardizing international shipping has also emerged. C&F and CFR are usually used in terms of delivery in a domestic or international trade. Please note that the 3 terms CNF, C&F and CRF means the same and there is no difference between them while operating. Seller pays to deliver the goods to the port that is nearest to the buyer and buyer bears all the shipment expense from that point onward. This terminology is only used for sea freight. It refers to a contract between a shipper (mostly a seller) and a consignee (commonly a buyer) regarding shipment charges. What is CNF? Is CNF, C&F and CFR the same?ĬNF is the short form for cost and freight and it is also known as CFR and C&F. In this blog, we have provided all the important aspects of CNF meaning that you need to know as a buyer or seller.Ĭhapter 2: Which Costs are Included and not Included in CNF Shipping Term?Ĭhapter 3: Responsibilities of Buyer and Seller in CNF IncotermĬhapter 4: How Freight Forwarding Agent can Help with your Shipments from China?Ĭhapter 5: Difference between CNF and other Shipping Terms?Ĭhapter 6: FAQs about CNF Shipping Term Chapter 1: What is CNF meaning?ġ. Having a thorough understanding of CNF and other incoterms can help you to get a clear idea about shipping expenses. Do you know what is CNF meaning and how it can help you save costs in shipping?Īre you aware of shipping incoterms and how it can impact your business?ĬNF stands for Cost and Freight It is a legal term that is commonly used in international shipping and transportation.ĬNF refers to a shipping agreement between a buyer and a seller in which the seller pays to send the item to a destination port to the customer, and the buyer is responsible for the rest of the shipping charges from the port to the buyer’s destination or warehouse.

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