When you buy or sell goods across national boundaries, you and the other party must have a clear understanding of the terms for moving those goods to their destination. CIF and FOB are commonly used ...

Pakistan can add $5 billion to its coffers, which is hidden in plain sight within the shipping sector. The following underlines why FOB is the game-changer we need. FOB stands for ‘Free on Board’. – ...

Protecting in-transit perishable shipments is a goal shared by stakeholders throughout the cold chain. Producers and growers (aka shippers) want to maintain products at their pre-cooled and/or frozen ...

Journal of Transport Economics and Policy, Vol. 49, No. 2 (April 2015), pp. 187-199 (13 pages) A stylised international commodity trade model is used to show that when economic geography is suitable ...

Apple has achieved a significant milestone with its iPhone production in India exceeding $10 billion in Freight-on-Board (FOB) value during the first seven months of the financial year 2024–25, ...