Shipping contracts often add specific payment terms to the FOB Destination designation:
: The buyer pays the freight charges directly to the carrier upon arrival. FOB Destination vs. FOB Shipping Point (Origin)
: The seller pays and bears all freight charges.
: The seller typically pays all freight, insurance, and handling charges until delivery.
The "destination" usually refers to the buyer's receiving dock, office, or post office box. Until the shipment arrives and is accepted at this point, the seller retains ownership (title), pays for transportation, and bears all risk of loss or damage during transit. Key Features of FOB Destination
What Does On Board Destination Mean 〈EXTENDED 2026〉
Shipping contracts often add specific payment terms to the FOB Destination designation:
: The buyer pays the freight charges directly to the carrier upon arrival. FOB Destination vs. FOB Shipping Point (Origin) What Does On Board Destination Mean
: The seller pays and bears all freight charges. Shipping contracts often add specific payment terms to
: The seller typically pays all freight, insurance, and handling charges until delivery. the seller retains ownership (title)
The "destination" usually refers to the buyer's receiving dock, office, or post office box. Until the shipment arrives and is accepted at this point, the seller retains ownership (title), pays for transportation, and bears all risk of loss or damage during transit. Key Features of FOB Destination
