For Zambian buyers importing a Japanese used truck, CIF, FOB and CFR mainly determine who arranges and pays for ocean transport, insurance and certain shipping responsibilities. They do not determine vehicle ownership, Zambia import duty or final inland delivery by themselves. Under Incoterms® 2020, FOB, CFR and CIF are rules designed for sea or inland waterway transport. For Zambia, which is landlocked, the named port should normally be a seaport such as Dar es Salaam rather than Lusaka. The most important difference is easy to remember: under FOB, the buyer normally arranges the main sea freight; under CFR, the seller ...
