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FOB means Freight on Board. It means the seller is responsible to load the freight on the truck and the buyer is responsible to pay the freight costs from the dock to the destination.
Prices are sometimes followed by FOB . For example car prices are listed as FOB Detroit. This means the price without shipping added.
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What is the term if the buyer is to pay the freight cost of delivering merchandise?
FOB Destination
Difference between FOB and C and F?
The Difference b/w FOB and C&F is FOB + Insurance + Freight = C&F I.e Insurance and freight in both the valuation.
What is meant by fob origin?
fREIGHT oN bOARD
What is cif and fob means?
- CIF is Cost, Insurance and Freight - FOB is Free on Board
Who will pay dead freight on fob terms?
The carrier
You are shipping an order by ocean to India freight collect what are my FOB terms?
They are the the freight on board terms
If buyer pays the freight cost of delivering merchandise what is the delivery term?
Free On Board Destination (FOB Destination). This means that the seller pays the the freight costs from the shipping point to the buyer's final destination.
What does fob and fis and cnf mean when shipping imports?
When shipping imports, the acronym FOB stands for "Freight on Board". FIS means "Free in Store", and CNF is for "Cost and Freight".
Meaning of fob value in shipping?
The abbreviation FOB in the shipping industry means Free on Board or Freight on Board. The invoice that has this abbreviation on it means that the seller is paying for the freight charges.
What does shipping terms FOB NINGO mean?
FOB means "Free on Board." It requires the purchaser to pay freight from wherever it says after "FOB." Ningo is an area in Ghana. So...FOB NINGO means you have to pay the freight bill from the shipper in Ningo, Ghana, to your loading dock.
How do you calculate landed cost?
FOB Price $ 100 Freight
What do you mean FOB Hong Kong?
Freight on Board. It means you will pay the freight charges from Hong Kong to where ever you are.
