What does FOB and FL mean?


bahau
Full Member
  • Posts: 13
  • Joined: 27 Feb 08
  • Karma:
8 Mar 08 08:08:58 am
Can anyone tell me what FOB and FL stand for?
:D


jimmy_huber
Free Member
  • Posts: 2861
  • Joined: 11 Mar 10
  • Karma:
8 Mar 08 08:14:00 pm
FOB stands for 'Free On Board'. Indicating 'FOB' means that the seller pays for transportation of the goods to the port of shipment, plus loading costs. The buyer pays freight, insurance, unloading costs and transportation from the arrival port to the final destination

Meaning if you were to buy from me. I pay for the products shipment to my warehouse and you would pay for the shipment from my warehouse to you. If my warehouse is located in FL Florida then the FOB is in Florida


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