Cost and Freight

Cost and Freight (CFR) to a named overseas port of import. Under this
term, the seller quotes a price for the goods that includes the cost of
transportation to the named point of debarkation. The cost of insurance is
left to the buyer's account. (Typically used for ocean shipments only.
CPT, or carriage paid to, is a term used for shipment by modes other than
water.) Also, a method of import valuation that includes insurance and
freight charges with the merchandise values.