Incoterms CIF and FOB for import and export services
How to save money and nerves when importing and exporting. Thomas Meyer, Managing Director of TBN Logistik & Trade GmbH, explains what mistakes are often made when importing and exporting goods. The terms CIF and FOB are important when it comes to the distribution of costs and risks between buyer and seller. What do CIF and FOB mean in the context of import and export? [...]