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Do you want to know what does FOB shipping point mean? If so, then check out Synder’s article fob to learn all about it. FOB stands for Free On Board, and it carries a lot of importance in shipping logistics. It is a legal term that defines who is responsible for the goods once they are on board the shipment vehicle.
FOB is a shipping term that stands for “free on board.” If a shipment is designated FOB (the seller's location), then as soon as the shipment of goods leaves the seller's warehouse, the seller records the sale as complete.
What does FOB shipping point mean?
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