Fork Lift | A machine used to pick up and move goods loaded on pallets or skids. |
Forwarder Compensation | See Brokerage. |
Foul Bill of Lading | A receipt for goods issued by a carrier with an indication that the goods were damaged when received. Compare Clean Bill of Lading. |
Four-Way Pallet | A pallet designed so that the forks of a fork lift truck can be inserted from all four sides. See Fork lift. |
Free Alongside (FAS) | The seller must deliver the goods to a pier and place them within reach of the ship's loading equipment. See Terms of Sale. |
Free Astray | An astray shipment (a lost shipment that is found) sent to its proper destination without additional charge. |
Free In and Out (FIO) | Cost of loading and unloading a vessel is borne by the charterer/shipper. |
Free of Particular Average (FPA) | A marine insurance term meaning that the assurer will not allow payment for partial loss or damage to cargo shipments except in certain circumstances, such as stranding, sinking, collision or fire. |
Free on Board (FOB - U.S. Domestic Use) | Shipped under a rate that includes costs of delivery to and the loading onto a carrier at a specified point. |
Free on Board (Int'l Use) | See Terms of Sale. |