You’ve likely seen the acronym FOB in your shipping documents if you’ve ever shipped anything. Though, just how many individuals understand just exactly just what it indicates? As it happens, maybe perhaps not a whole lot. Also those who work in the delivery industry with understanding of cargo delivery terminology frequently are confused regarding the real meaning.
To aid shippers better realize FOB, we’ve broken it listed below:
What does FOB mean in delivery?
FOB is short for “free up to speed” or “freight on board” and it is a designation which is used to point whenever obligation and ownership of products is moved from a vendor up to a customer. [Read more…]
