F.O.B (freight on board) pricing
F.O.B. origin—seller states price at point of origin, and agrees to load a carrier, but assumes no further responsibility. Buyer selects carrier and mode, pays transportation and assumes the risk for in-transit loss or damage
F.O.B. destination—seller arranges for transportation and adds charges to the sales invoice. Title does not pass to the buyer until delivery is completed
FOB stands for (free on board) or Freight on Board.
FOB origin: means that the transportation company agrees to load and transport the goods, but assumes no responsibility (or risk) for in-transit loss or damage.
FOB destination: means that the seller does not take ownership until the destination, the seller takes all the in-transit risk.