Glossary entry (derived from question below)
English term or phrase:
FOB Vendor’s place of manufacture (US term)
English answer:
ex works, EXW (Incoterms 2000)
Added to glossary by
Nick Lingris
May 30, 2006 00:06
17 yrs ago
2 viewers *
English term
United Kingdom
The word is my oyster
Native in: Greek 
Works in: English to Greek, Greek to English, Greek
FOB Vendor’s place of manufacture
English
Bus/Financial
Business/Commerce (general)
Shipping terms
Could members familiar with US shipping / freight terms kindly confirm (or refute) my belief that the US term “FOB Vendor’s place of manufacture or distribution center” (or equivalent terms, such as “FOB factory”, “FOB plant” or “FOB shipping point”) is practically the same as the INCOTERMS “ex works”; and that therefore, in translation, when it is safest to use INCOTERMS, rather than refer to “free on board” (no port involved, after all) as e.g. suggested in other ProZ.com pages (http://www.proz.com/kudoz/827706, http://www.proz.com/kudoz/625220), we should use the internationally recognized “ex works” or its equivalent translation?
Thanks in advance.
Thanks in advance.
Responses
| 3 +4 | Freight on board / free on board |
Suzan Hamer
|
Responses
+4
13 mins
Suzan Hamer
Netherlands
Netherlands
Native in English
&
English
Specializes in field
Netherlands
Fussy editing for fussy people.
Native in: English (Variant: US)
Works in: English, Dutch to English
Related KudoZ points
:
15
Selected
Freight on board / free on board
Don't know if this helps. It's after 2 am here and I have a 9 AM deadline . . . so I'm answering questions. Delirium has set in.
A discussion on the issue here:
http://www.woodweb.com/knowledge_base/FOB_defined.html
http://www.jandjreg.com/faq.htm
What does F.O.B. factory or shipping point mean?
F.O.B. means "Freight on Board" or "Free on Board". What that means is ownership of the merchandise is transferred the moment the freight carrier signs the freight bill. The freight company is responsible for exactly what they signed for. Under the terms, they agree to deliver the specified quantity in tact and undamaged to the customer location. If they do not, the customer must file a freight claim to recover any loss or damage that occurs in transit.
A discussion on the issue here:
http://www.woodweb.com/knowledge_base/FOB_defined.html
http://www.jandjreg.com/faq.htm
What does F.O.B. factory or shipping point mean?
F.O.B. means "Freight on Board" or "Free on Board". What that means is ownership of the merchandise is transferred the moment the freight carrier signs the freight bill. The freight company is responsible for exactly what they signed for. Under the terms, they agree to deliver the specified quantity in tact and undamaged to the customer location. If they do not, the customer must file a freight claim to recover any loss or damage that occurs in transit.
Peer comment(s):
| agree |
Joseph Brazauskas
: You're absolutely correct.
29 mins
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Thanks, Joseph.
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| agree |
Ghyslaine LE NAGARD
: FREE IN BOARD not freight on board see this link :http://www.futureforwarding.com/incoterms.html
38 mins
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Thank you, NewCal. In the US the original meaning was generally freight on board, but FOB now seems to have other meanings also in international shipping.
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| agree |
Alfa Trans (X)
4 hrs
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Thank you, Marju.
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| agree |
Dave Calderhead
: Free ON board as you so rightly say
5 hrs
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Thank you, Dave.
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| neutral |
Ulrike Kraemer
: FREE on board, definitely NOT freight on board
6 hrs
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Thank you LittleBalu.
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3 KudoZ points awarded for this answer.
Comment: "Thank you. Very helpful links."
Discussion