Latest news from Reddick, FL collected exclusively by city-data.com from local newspapers, TV, and radio stations. Ancestries: African (28.2%), Dutch (7.3%), American (2.2%), English (1.9%), German (1.9%), Romanian (1.6%). Current Local Time: EST time zone. Elevation: 75 feet.
Freight collect it is mean when cargo arrive destination, than consignee pay the freight. Shipper have willing to risk. Because there will be consignee wonât pick up the cargo woât pay the freight. So most of time shipper doesnât agree this payment way in international freight shipping business. Sea freight collect.
Either way, the meaning is the same. FOB is a freight term that indicates when the ownership of goods being shipped transfers to the buyer and who pays the shipment freight. Freight collect means that the buyer pays the shipping and Freight prepaid means the seller pays the shipping.