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Additional Details
EDIT:Dodie,good point !!!... |
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Additional Details
Chaza T=go f*** ... |
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GOAT MAN | What does FOB mean in terms of the shipping industry? |
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 |
 
ynot
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FOB is Free on Board and means that the charges become yours at the origination. The seller will load it on the truck and then it's yours.
Freight On Board is also correct. Usually the seller will designate whether it is F.O.B. at his store/plant or if it is F.O.B. your destination. This determines who is liable for the freight risks/costs. F.O.B. to your door is always better. It shifts the responsibilities/costs to the seller.
Hope this helped clear it up. |
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acermill
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It stands for "Free On Board", which is a rather antiquated term meaning that the seller considered the product sold and billable when it was handed over to the shipper involved. |
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Pepe LaPue
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FOB — Items shipped directly from the factory, which are noted as Freight-On-Board (FOB), are billed an additional cost for shipping and handling. FOB shipping charges may depend on destination as well as weight. |
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Lance
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F.O.B.- without charge to the purchaser for delivery on board a carrier (originally a ship), at a specified location or point; used in such phrases as FOB destination to specify the point where the title of goods passes from the seller to the buyer. |
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victorschool1
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FOB means Freight On Board which in effect means that you have purchased the product delivered to a certain place, the freight is included to that location, but, it is your responsibility to unload the item(s). So if you bought something that weighs 50 pounds it is not a big deal because the truck driver can just kick if off the truck, but if you bought something that weighs 10,000 pounds if is your responsibility to pay for a crane and crew to unload it, because you bought it FOB or Freight On Board the truck. If you buy it FAS or Freight Along Side then the seller must make arrangements to get it off the truck. FOB and FAS originally came from when ships were more commonly used, as in On Board or Along Side a ship. |
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mark
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FOB is Free on board FOB (location)
the seller will load it aboard a ship, truck or rail at the location specified at the sellers cost. All further shipping costs are the buyers. |
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phirephoto
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The FOB Point is the location where legal title transfers on items shipped between the shipping and receiving parties. Most manufacturers ship FOB factory which means the purchaser owns the equipment once it leaves the shipper's facility. Loss or damage in shipping is legally the responsibility of the party having title, which on FOB factory shipments is the purchaser. Most manufacturers will assist in filing freight claims for damage, however it remains the purchaser’s responsibility to do such filing and the terms of the original invoice still apply. |
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justanotherengine
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"Freight on board" ( You must pay for the shipping from an independant trucking firm, no house trucks) |
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Chelsea!
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Freight on board.
FALL OUT BOYYY!!
:D |
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I ♥ Edward Cullen
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It means Freight on Board,the cost of the merchandise from a certain point,let's say I sell a dozen of sunglasses for $16 FOB L.A. (free of shipping) if I sell in L.A. to a customer in Miami and they want it for $16 FOB their warehouse this means that I am paying for the shipping. |
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lipsofanangel
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I believe it is freight on board |
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Maewest
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Freight On Board
. |
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skinneechica311
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fresh of the boat |
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