Understanding your Incoterms can help you know the true cost of shipping and importing your goods. In this video Chris Brennan, Route Development Manager for Asia, and Matt Parrott, Director of Distribution, review the Freight on Board (FOB) and Ex Works (EXW) incoterms. They highlight what the similarities and differences are between the two incoterms, and when it makes sense to use one over the other.
Looking for a review of all Incoterms? Our blog Incoterms Every Shipper Must Know details all your incoterm needs.