Free On Bord (FOB) in Shipping Terms

Free On Board (FOB) mean in Shipping Terms

Understanding FOB in Shipping Terms and Transportaion Introduction In the world of shipping and logistics, understanding the terms of trade is crucial for businesses involved in international commerce. One of the most commonly encountered terms is “FOB,” which stands for “Free On Board.” This term is vital in defining the responsibilities and liabilities of buyers […]

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