Explore CIF and FOB shipping terms to understand buyer versus seller responsibilities, cost implications, and best practices ...

"FOB" was originally an ocean-freight acronym. Once the freight passed beyond this boundary of the ship's rail and moved onto the vessel, the seller had completed all of its delivery obligations to ...

Analyzing the shipping markets and related investments requires basic familiarity with several unique concepts and terms. This document is meant to complement our Shipping FAQ by clearly defining some ...

Incoterms® are a set of three-letter trade terms developed by the International Chamber of Commerce for shipping freight and determining the point of risk of loss from the seller to the buyer.

NEW YORK (Reuters) -Top U.S. oil major ExxonMobil asked regulators to block changes proposed by the Colonial Pipeline to its fuel shipping terms, citing potential harm to shippers and consumers, a ...