FOB Shipping Meaning: FOB Point vs Destination Explained
FOB Destination means the seller retains responsibility for the goods until they arrive at a designated location – whether that’s a https://ryanboddy.tech/electricity-wikipedia/ port, warehouse, or the buyer’s facility. Keep in mind that under Incoterms agreements, FOB origins and destinations are ports. In the U.S., the contract defines whether the seller or buyer pays the freight …
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