Freight On Board (FOB) – Demystifying An Integral Aspect of Logistics Management

October 21, 2023

In the sphere of international goods shipment and trade, various protocols guide the logistics process. One such term that holds immense importance is ‘Freight on Board’, or ‘FOB’. Abbreviated as FOB, the term defines a significant aspect in goods transportation, essentially highlighting the transition of liability from shipper to the receiver. FOB, part of Incoterms …