WHAT does FOB mean????
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WHAT does FOB mean????
going to order a set of AFR heads tomorrow but I first need to know what FOB means. In the catalog, under shipping and freight, it says 'All pricing is FOB Airflow Research, Pacoima,CA 91331'. What does FOB mean?
#3
FOB Destination
A term relating to transportation charges meaning that the supplier bears the transportation costs to the destination.
FOB Shipping Point
A term relating to transportation charges meaning that the buyer bears the transportation costs from the point of origin.
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89CamaroRS
Power Rating: 1.21 Jigowatts
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A term relating to transportation charges meaning that the supplier bears the transportation costs to the destination.
FOB Shipping Point
A term relating to transportation charges meaning that the buyer bears the transportation costs from the point of origin.
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89CamaroRS
Power Rating: 1.21 Jigowatts
Mods:Flux Capacitor
Future Plans: Time Travel
#5
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It means freight on board. It's an industry term for the point at which delivery takes place.
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Neptune, NJ
White '87 Vette - 383 Superram ported and matched to TPIS big mouth intake, Eagle cast crank, 6"eagle forged rods, srp/je forged pistons, LPE 219 cam, ported heads(2"x1.56" ferrea valves), Comp cams pro-magnum 1.6 rr's, double springs, titanium retainers,Hypertech power coil and cap, 4 bolt block, TPIS headers, auto(trans kit,shift kit),Pro Torque 2600 stall converter, k&N filter, 3.07 rear diff., Silver ZR-1 wheels 17x9 and 17X11
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Neptune, NJ
White '87 Vette - 383 Superram ported and matched to TPIS big mouth intake, Eagle cast crank, 6"eagle forged rods, srp/je forged pistons, LPE 219 cam, ported heads(2"x1.56" ferrea valves), Comp cams pro-magnum 1.6 rr's, double springs, titanium retainers,Hypertech power coil and cap, 4 bolt block, TPIS headers, auto(trans kit,shift kit),Pro Torque 2600 stall converter, k&N filter, 3.07 rear diff., Silver ZR-1 wheels 17x9 and 17X11
#6
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Car: Death Mobile
Engine: 666 c.i.
Yes, both the posts are correct. It also implies the point where "title to the goods transfers and the risk of loss".
If the term is FOB Destination, the seller pays for the shipping costs, the title to the goods transfers when the goods arrive and should the goods get lost or damaged in transit, it is the seller's problem.
If the term is FOB Origin, the purchaser pays for shipping costs, the title to the goods transfer at the origin and should the goods get lost or damaged in transit, it is the purchaser's problem. At FOB Origin, all the seller has to do is have the goods "segregated from his regular stock and ready for shipping" to make the goods technically the purchasers.
Lastly, if no FOB point is mentioned or included in the terms of the contract (either the Purchase Order or Sales Invoice in absense of a PO), then FOB Origin is the implied term.
I deal with the stuff all the time.
If the term is FOB Destination, the seller pays for the shipping costs, the title to the goods transfers when the goods arrive and should the goods get lost or damaged in transit, it is the seller's problem.
If the term is FOB Origin, the purchaser pays for shipping costs, the title to the goods transfer at the origin and should the goods get lost or damaged in transit, it is the purchaser's problem. At FOB Origin, all the seller has to do is have the goods "segregated from his regular stock and ready for shipping" to make the goods technically the purchasers.
Lastly, if no FOB point is mentioned or included in the terms of the contract (either the Purchase Order or Sales Invoice in absense of a PO), then FOB Origin is the implied term.
I deal with the stuff all the time.
#7
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Car: 92Z, 96RamAir, 91 4X4 Burb
Engine: 383 Super Ram, LT1, 350 roller
Transmission: 700R4, Probulit 700R4 &4L60E, 4L80E
Gawd I hate Incoterms (FOB, FCA, FAS, CIF, DDU...)
Now on top of that I'm having to learn NAFT trade shipping/duty requirements.
Now work is bleeding over into my hobbies too!
yuk
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KevinP92Z
92 Z28 383 SLP cam,SLP headers,SLP 2ontheLeft,Trick Flow TW heads & pistons,Edelbrock base,Accel SuperRam,52mmTB,Scat Crank & forged ConnRods,MSD 6AL,SLP convertor,Baer 13/12" Track,Moser axles,Hotchkis,Genuine GM 3.42s,SLP HD Torsen,17x9" chrome SS rims
96T/A w/SLP Ram Air,SLP 2ontheLeft, Bilsteins, Baer, Hotchkis, Genuine GM, Torsen
76 4X4 Blazer 400TPI project
Now on top of that I'm having to learn NAFT trade shipping/duty requirements.
Now work is bleeding over into my hobbies too!
yuk
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KevinP92Z
92 Z28 383 SLP cam,SLP headers,SLP 2ontheLeft,Trick Flow TW heads & pistons,Edelbrock base,Accel SuperRam,52mmTB,Scat Crank & forged ConnRods,MSD 6AL,SLP convertor,Baer 13/12" Track,Moser axles,Hotchkis,Genuine GM 3.42s,SLP HD Torsen,17x9" chrome SS rims
96T/A w/SLP Ram Air,SLP 2ontheLeft, Bilsteins, Baer, Hotchkis, Genuine GM, Torsen
76 4X4 Blazer 400TPI project
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#8
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out here it means Fresh Off the Boat
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90 IROC 5.7l (L98)
ram air, K's, air foil,Flows
LIKE A ROC
[This message has been edited by Mo (edited April 20, 2001).]
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90 IROC 5.7l (L98)
ram air, K's, air foil,Flows
LIKE A ROC
[This message has been edited by Mo (edited April 20, 2001).]
#10
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Car: Death Mobile
Engine: 666 c.i.
Not necessarily. Where I live, if the item you are shipping is OWNED by you, the shipping costs are not subject to taxes (FOB origin is exempt since you own it).
But if the item being shipped is NOT owned by you, then the shipping costs are subject to tax (i.e. FOB Destination).
So there are advantages to FOB Origin, but it depends on your local State/Province's tax laws.
Offer void in the State of Tennessee.
But if the item being shipped is NOT owned by you, then the shipping costs are subject to tax (i.e. FOB Destination).
So there are advantages to FOB Origin, but it depends on your local State/Province's tax laws.
Offer void in the State of Tennessee.
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