-
1408-2024
What is the difference between FOB and FAS?
FOB means that the seller completes the delivery obligation after loading the goods on board the ship at the port of shipment. FAS means that the seller completes the delivery obligation by placing the goods next to the ship designated by the buyer at the port of shipment.
-
2507-2024
What is the difference between EXW, FOB and CIF?
Differences in responsibilities and risks: In EXW, the seller has the least responsibility. In FOB, the seller has moderate responsibility. In CIF, the seller has the greatest responsibility, not only responsible for delivery at the port of shipment, but also for freight and insurance etc..
-
2205-2024
Is FOB shipping cheaper?
Buyers generally believe that FOB agreements are cheaper and more cost-effective than CIF. This is because FOB agreements give buyers greater choice and control, allowing them to choose their own shippers and insurance limits. Such flexibility helps buyers optimize logistics processes according to their own needs, thereby reducing costs.
-
2105-2024
What is the difference between FOB and CIF?
FOB and CIF are two common international trade terms. They have significant differences in the division of responsibilities, cost bearing and risk transfer between buyers and sellers.
-
1505-2024
What is the FOB cost?
FOB cost, or free on board cost, refers to the cost involved in delivering goods to the buyer's location at a specific pre-agreed location. These fees are paid by the seller and the customer then assumes responsibility for payment. FOB pricing applies to both international and domestic shipments.
-
1405-2024
What is a FOB short for?
FOB is the abbreviation of "Free On Board", which is a shipping term widely used in retail and international trade. It sets out the process for the transfer of responsibility and ownership of goods upon shipment.
- Phone :
- Email :