What does FOB suggest in delivery?

What does FOB suggest in delivery?

You’ve likely seen the acronym FOB in your shipping documents if you’ve ever shipped anything. Though, exactly just how many individuals know just exactly exactly what it indicates? As it happens, perhaps maybe not a great deal. Even those who work in the delivery industry with understanding of cargo delivery terminology usually are confused regarding the meaning that is true.

To simply help shippers better realize FOB, we have broken it listed below:

What does FOB suggest in delivery?

FOB is short for “free up to speed” or “freight up to speed” and it is a designation which is used to point whenever liability and ownership of products is moved from a vendor to a customer. Continue reading “What does FOB suggest in delivery?”