I think I will have to object to FOB meaning "free on board"
FOB shipping point means Freight on Board. It means the freight is yours when it is loaded on the trailer. If something happens to the freight (damage lost ect) it is your baby.
FOB Destination means the sale takes place and it becomes yours when you unload it at your dock.
Who pays the freight charges is decided by if you check prepaid; collect; or 3rd party in the box provided.
In other words you can have a FOB shipping point and prepaid bill of lading. The freight is yours when I load it but I pay the shipping.
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Today's Featured Article - Harvestin Hay: The Early Years (Part 2) - by Pat Browning. The summer of 1950 was the start of a new era in farming for our family. I was thirteen, and Kathy (my oldest sister) was seven. At this age, I believed tractor farming was the only way, hot stuff -- and given a chance I probably would have used the tractor, Dad's first, a 1936 Model "A" John Deere, to go bring in the cows! And I think Dad was ready for some automation too. And so it was that we acquired a good, used J. I. Case, wire tie hay baler. In addition to a person to drive th
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