FOB shipping

**FOB Shipping**

FOB (Free On Board) shipping is a common international trade term used to define the point at which the ownership and liability of goods transfer from the seller to the buyer during shipment. Under FOB terms, the seller is responsible for delivering the goods to the designated shipment point (usually a port) and loading them onto the carrier. Once the goods are on board, the buyer assumes responsibility for all risks and costs associated with transportation, insurance, and import duties. Understanding FOB shipping is crucial for businesses involved in global trade to clearly define responsibilities and avoid disputes. This tag covers topics such as shipping terms, logistics, international trade agreements, and freight management.