CARM: What all importers need to know about CARM

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Terminology

F

FOB

Free On Board: Under FOB Incoterms, the seller delivers the goods on board the vessel nominated by the buyer at the named port of shipment, cleared for export. (For a complete list of Incoterm definitions including a chart of buyer and seller responsibilities, see Universal’s Incoterms 2010.)

Quick Tip #42
Carefully inspect all freight to identify deficiencies in packaging

Problems that seem small at the time of loading can get much worse in transit, sometimes resulting in damage to the entire load.

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101 Logistics Quick Tips

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