what does cost and freight cfr entail 
cost and freight cfr is an expense associated with cargo transported by sea or inland waterways if cfr is included in a transaction the seller must arrange and pay for transporting the cargo to a specified port the seller is also responsible for delivering the goods clearing them for export and loading them onto the transport ship however once the shipment is loaded into the vessel the risk of loss or damage falls to the buyer this means that the seller is not responsible for insuring the cargo during transportation 3