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RMX Bill of Lading Terms Conditions P1 Xlsx RMX Freight Systems  Form

RMX Bill of Lading Terms Conditions P1 Xlsx RMX Freight Systems Form

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welcome to business math video number 58 hey this is just a short video before our next video or two videos ahead when we make an invoice I just want to touch on terms that have to do with shipping f OB f OB destination f OB shipping point f OB means free on board f OB destination and f OB shipping point are common terms you'll see on an invoice if it says destination it means the seller owns the goods and pays for the shipping if it says shipping point the buy or owns the goods and pays for the shipping now in the company I used to run JAL boomerangs we manufactured boomerangs and so we used a lot of aircraft Burt's plywood and we buy it from overseas manufacturers and that would would get shipped over and it would be fo B destination which meant the whole time it was being shipped the the wood manufacturer company owned the wood so if it was damaged they would pay for they paid for the shipping here in the United States I'd order things locally it would say shipping point so as soon

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