Freight Terms and Usage

Freight Term-Type 1
F.O.B Destination, Freight
prepaid and allow.

Responsibility:
Vendor: Pays Freight
Vendor: Bears Freight charges
Vendor: Retains Ownership in Transit
Vendor: Files Freight Claims



Freight Term-Type 2
F.O.B Destination, Freight
Prepaid and add

Responsibility:
Vendor: Pays freight and adds to invoice
U of I: Bears freight charges
Vendor: Retains ownership in transit
Vendor: Files freight claims



Freight Term-Type 3
F.O.B. Destination, Freight
Collect

Responsibility:
U of I: Pays Freight Chargers
U of I: Bears Freight Charges
Vendor: Retains Ownership in Transit
Vendor: Files Freight Claims



Freight Term-Type 4
F.O.B. Origin, Freight
Prepaid and Allow

Responsibility:
Vendor: Pays freight
Vendor: Bears freight charges
U of I: Owns material in transit
U of I: Files freight claims



Freight Term-Type 5
F.O.B. Origin Freight prepaid
and add.

Responsibility:
Vendor: Pays freight and adds to invoice
U of I: Bears freight charges
U of I: Owns material in transit
U of I: Files freight claims



Freight Term-Type 7
F.O.B. Origin, Freight
Collect

Responsibility:
U of I: Pays freight charges
U of I: Bears freight charges
U of I: Owns material in transit
U of I: Files Freight claims