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Understanding Free on Board (FOB): The pivotal moment in logistics where ownership shifts from seller to buyer. FOB at origin entails the buyer assuming transportation costs and risk upon goods departure, while FOB at destination means the seller covers transportation costs until goods reach the buyer. Follow CARGO CONVOY INC. for more logistics insights! #cargoconvoy #cargoconvoylogistics #logistics #logisticsjargon #trucking #wordoftheday #3pllogistics #freeonboard #industryterms

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