Content Optimization Executive, Diploma in Journalism, California
Answered on Jul 11, 2019
FCA is the abbreviation for Free Carrier, applies to all modes of transport and where one method of transportation may be used for the delivery of goods. FOB is an abbreviation for Free on Board, applies to products traveling by sea or an inland waterway. For the FCA, goods are delivered once they are placed onto the transport arranged by the buyer or provided when the seller places cargo on board the vessel specified by the buyer. FCA risk of loss or harm to goods transfers to the buyer once goods are delivered. FOB risk transfers to buyers once goods are loaded on board the vessel.