CPPB Freight Terms FOB.pdf

The document outlines various Freight Terms related to Free On Board (FOB) transactions, specifying the responsibilities for freight costs and transit risk between the buyer and the seller. It categorizes different scenarios such as F.O.B. Destination with freight prepaid or collect, F.O.B. Origin with freight prepaid or collect, and special instructions denoted by codes 96 and 97. Each scenario details who pays the freight charges, who bears the freight charges, who owns the goods in transit, and who files claims if necessary. The document also includes a scenario where no shipment is involved (code 98) and a scenario for pick up or will call (code 99), each outlining the responsibilities of the buyer and the seller.