Incoterms term which sets out responsibilities upon delivery.
FOB is an Incoterms term that indicates that the seller delivers the goods on the ship, and the buyer takes responsibility from that moment. It is frequently used in maritime trade.
Other terms
Transport by land
Transport carried out by land vehicles. The most common form of transportation for short and medium distances.
Read full description
T
3PL (Third Party Logistics)
External supplier providing complete logistics services.
Read full description
T
