FOT
FOT means Free on Truck and refers to goods being carried by truck. This term should only be used when the goods are carried by truck. The risk of loss or damage is transferred to the buyer when the goods are loaded onto the truck.
FOT means Free on Truck and refers to goods being carried by truck. This term should only be used when the goods are carried by truck. The risk of loss or damage is transferred to the buyer when the goods are loaded onto the truck.