FOB

Posted on July 25, 2019May 26, 2020 by timh

Incoterms FOB stands for “Free on Board.” – The seller delivers and loads the goods on the vessel nominated by the buyer. The seller bears all costs associated with transportation, and all risks are assumed by the buyer after the point of delivery and unloading. The seller is required to clear goods through export only.

Incoterms 2020

BGI Celebrates Our Partners Joining The Fight Against COVID-19

April 30, 2020

BGI wants to recognize our customers who are joining the fight against COVID-19 by changing their focus to help supply critical workers on the front lines with Personal Protective Equipment (PPE). One of our clients is pivoting to support the fight against Covid-19” by supplying the public with face masks and sanitizer from a secure […]

BGI Worldwide is the solution to your unexpected and urgent warehousing needs.

March 27, 2020

Shippers and importers are scrambling to find a home for their inventory as many warehouses and distribution centers shift focus. Tradeshow materials, non-essential Amazon FBA products, and many other items are now in “supply chain limbo”. BGI provides custom warehousing services, distribution, and supply-chain management solutions designed for small to mid-sized businesses, large companies, and […]

From the Team at BGI Worldwide Logistics

March 18, 2020

To our clients, friends, and partners, As your resource for domestic and international logistics solutions, the team here at BGI Worldwide Logistics wants to let you know that we are here and available to support you as we always do. Even with the current environment, BGI’s innovative team has pulled together our best resources and […]

Incoterms® 2020 Changes

January 6, 2020

Incoterms® 2020 changes are in for the rules are the regulations that define the responsibilities of buyers and sellers operating in international trade. They are the rules for determining how costs and risks are allocated to each party involved. Incoterms rules are regularly incorporated into contracts for the sale of goods worldwide and have become […]

BGI Worldwide Logistics Ships A Hollywood Legend

July 24, 2019

BGI Worldwide Logistics recently completed the shipping of some rather unusual oversized cargo – a giant Marilyn Monroe sculpture to be installed in a Marilyn Monroe-themed shopping mall. After months of preparation and coordination with overseas agents, the sculpture successfully made it to Dalian despite copious amounts of bureaucracy at Chinese customs. “The toolboxes were […]

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