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What does FOB/FOR/FOT mean in foreign trade?

The full text of FOB is free on board (… named port of shipment), which means delivery on board (named port of shipment), and is commonly called delivery on board at the port of shipment.

the full text of p>FOT is Free On Truck, also known as open car delivery, which is mainly used for inland transportation.

the full text of p>FOR is Free On Rail, also known as railway delivery.

the buyers and sellers who use FOT, FOR delivery are usually the branches, agents or offices of the buyer's exporting country which are bordered by land and connected by railways.

generally speaking, the shipping price is relatively cheap.

Extended inFORmation:

Under for, the seller's obligation is to load the goods on the receiving vehicle of the railway bureau.

under FOT, what is the meaning of the seller? It is necessary to load the goods into the train car and bear all the expenses needed to load the goods into the car, such as loading fare.

under FOB conditions, the seller shall bear the risks and expenses, obtain the export license or other official documents, and handle the export formalities. When a transaction is concluded by using FOB terms, the seller shall also provide a certificate at his own expense to prove that he has completed the delivery obligation according to regulations. If the certificate is not a transport document, the seller may provide assistance to obtain a bill of lading or other transport documents at the buyer's request and at the buyer's risk and expense.