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 buyers and …

FOB (free on board) is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under …

Jul 1, 2024 · FOB stands for “Free On Board” or “Freight On Board.” This term is used to indicate when liability and ownership of goods is transferred from a seller to a buyer.

Jan 1, 2025 · Of the 11 different incoterms that are currently used in international freight, Free on Board (FOB) is the one that you will encounter most frequently. This guide cuts through the legal jargon and …

Mar 14, 2025 · FOB stands for Free On Board, a legal term codified under the Incoterms® 2020 rules by the International Chamber of Commerce (ICC). It applies exclusively to sea or inland waterway …

Dec 2, 2025 · FOB stands for “free on board” and is by far the most frequently used Incoterm for exports by sea. It outlines when a buyer or seller becomes responsible for goods transported by sea.

May 19, 2025 · FOB (Free On Board) means different things in domestic and international trade. Learn the key differences between U.S. FOB and Incoterms 2020 FOB, when to use FCA instead and how …

Feb 13, 2025 · Learn what FOB (Freight on Board) means, how it impacts your shipping costs, and why it’s crucial for your logistics strategy.

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 assumes all costs, risks, …

Apr 9, 2025 · FOB, or Free on Board, is an Incoterm that defines the exact moment when risk and responsibility shift from the seller to the buyer—when the goods are loaded onto the shipping vessel …