A wheel assemble including bogies constructed to accept mounting of containers.
CIF
Cost, Iinsurance and Freight - One of the thirteen Incoterms and one of four 'C' terms.
Another selling term but includes insurance and handling shipment costs. The party that has sold CIF has complete control over the shipment of goods.
The seller has the same obligation under CFR but must also procure marine insurance. The seller is only required to obtain minimum coverage.