Sep 17, 2025 · Free on Board (FOB) is a shipment term that defines the point in the supply chain when a buyer or seller becomes liable for the goods transported. Purchase orders between …

Jul 1, 2024 · What does FOB mean in shipping? FOB stands for “free on board” or “freight on board” and is a designation that is used to indicate when liability and ownership of goods is …

Jan 1, 2025 · As such, FOB shipping means that the supplier retains ownership and responsibility for the goods until they are loaded ‘on board’ a shipping vessel. Once on the ship, all liability …

Nov 13, 2025 · FOB Shipping Point in practice. Discover how risk, liability, and freight payment terms impact international trade agreements & what to watch out for. Read on.

Jun 26, 2025 · FOB Origin, also known as FOB Shipping Point, is the standard term under Incoterms for defining the point at which the seller’s responsibility ends. The buyer then …

Oct 5, 2023 · Let’s break it down: FOB shipping is one of the 11 Incoterms® rules set by the International Chamber of Commerce. Here, the seller delivers the goods onto the vessel at the …

5 days ago · What Does FOB Destination Mean? FOB destination means that the seller retains ownership and responsibility for the goods until they reach the buyer’s specified destination. …

Nov 11, 2025 · What is FOB (Free On Board) in Incoterms®? FOB (Free On Board) is one of the most widely used shipping terms outlined in the Incoterms® rules published by the …

Learn what FOB (Free on Board) means in shipping. Understand seller and buyer responsibilities, risk transfer, and how FOB impacts freight forwarding.

Feb 21, 2025 · The shipping term fob stands “free on board.” Shipping contracts and purchase orders often spell out the delivery and payment terms, the date when the loss risk switches …