Sep 17, 2025 · Free on Board (FOB) is a shipment term that indicates the point at which a buyer or seller assumes ownership and liability for purchased goods being transported.

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 …

Jul 1, 2024 · 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 transferred from a seller to a buyer.

Jan 1, 2025 · What is FOB shipping, how does it differ from other incoterms, and when should you use it? Find out everything you need to know in this guide.

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 …

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 …

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 …

Dec 5, 2025 · Free On Board (FOB) is a commonly used Incoterm in international shipping - but what does it mean, and when should it be used? Read our FOB guide to learn more.

In a FOB transaction, the seller is responsible for clearing the goods for export and delivering them when they pass the ship’s rail at the agreed port. This term is exclusively applicable to …

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 …