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 #2
Two ways to control the cost of your freight shipments

Looking for new ways to reduce your shipping costs? Start by ensuring you are not wasting money by carrying weight that can be removed.

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