The freight shipping industry is saturated with many shipping terms that are sometimes confusing even to experienced shippers. One such term is the FOB acronym, which stands for free (or freight) on board. It is a widely used term in the industry, however, not everyone knows the accurate meaning and definition. A lack of understanding of certain industry abbreviations or terms can cost you time and money. FOB is one of the rarely recognized terms in freight shipping, yet is still important.
What is FOB in