FOB (Free on Board)

FOB is an international trade term indicating that the seller (FOB Destination) is responsible for delivering coffee to the shipping vessel, and the buyer (FOB Origin) assumes responsibility once the beans are loaded.

FOB is an international trade term indicating that the seller (FOB Destination) is responsible for delivering coffee to the shipping vessel, and the buyer (FOB Origin) assumes responsibility once the beans are loaded. This “handoff” agreement is key to understanding the costs and liabilities associated with shipping.