FOB stands for "freight on board." The term is used to describe the point in a transaction where a product being shipped becomes the property of the buyer. In an FOB Origin shipping arrangement, the ...

If your business involves shipping, importing, and exporting, then understanding freight costs is going to be a huge part of making your business a success. One of the key things you need to ...

With fuel costs rising, recovering your freight costs before you ship your merchandise reduces your cash outlay. Sending an order via freight on board, also known as free on board, with prepaid ...

Explore CIF and FOB shipping terms to understand buyer versus seller responsibilities, cost implications, and best practices ...

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. Suzanne is a ...