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The carrier
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What does shipping terms FOB NINGO mean?
FOB means "Free on Board." It requires the purchaser to pay freight from wherever it says after "FOB." Ningo is an area in Ghana. So...FOB NINGO means you have to pay the freight bill from the shipper in Ningo, Ghana, to your loading dock.
What is Freight term FOB?
FOB means Freight on Board. It means the seller is responsible to load the freight on the truck and the buyer is responsible to pay the freight costs from the dock to the destination. Prices are sometimes followed by FOB . For example car prices are listed as FOB Detroit. This means the price without shipping added.
What do you mean FOB Hong Kong?
Freight on Board. It means you will pay the freight charges from Hong Kong to where ever you are.
What is the term if the buyer is to pay the freight cost of delivering merchandise?
FOB Destination
Who pays FOB?
IN TERMS OF FOB, Who pay pre -carriage? answer: seller
What is the meaning of the FOBS acronym?
The acronym FOB stands for 'free on board'. It refers to freight costs of shipping deliveries in business, and denotes the point between the seller and buyer where the goods do or do not have the freight charges paid for. For example, if a Los Angeles popcorn company buys popcorn from Alaska, and the Alaska seller declares the purchase to be FOB Alaska, or FOB their own warehouse, this means the buyer must pay the freight from Alaska to California. If the seller states the popcorn purchase is FOB Los Angeles, or FOB 'your door', then the Alaska seller pays the freight to that logistics point.
When the terms of sale are FOB shipping point the does the buyer pay the transportation charges?
yes, FOB means - free on board-(the ship) the term you are looking for is CIF (Cost Insurance Freight) - that includes all shipping charges to land cargo in a port - from that point its the buyers responsibility - any port charges to be paid / demurrage / stevedoring / and of course inland freight like trucking.
What is meant by freight - paid basis?
This is FOB - free on bond - the seller pay all taxes for the transport, storage, customs etc.
What does CFS mean in shipping terms?
CF means cargo and freight in shipping terms. The person who is selling goods pay for the cost of the goods and freight charges. CF has been replaced with CFR.
What is FOB an acronym for in the logistics business?
FOB means Free On Board or Freight On Board and is pertinent to the shipping of goods, who will pay for the shipment and who is responsible for the goods if they are lost or damanged. See related link below.
If the buyer is to pay the transportation coats of delivering merchandise delivery terms are stated as?
FOB Shipping point
What does FPAD mean in aerospace terms?
In air freight terms it would mean Freight Payable at Destination. Not at all sure how that ties in with Aerospace since those at the destination of aerospace deliveries are usually not in any position to pay the huge freight costs!
