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 ...
Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. David Kindness is a Certified Public Accountant (CPA) ...
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 ...
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