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[TenTec] Shipping Valuable Equipment

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Subject: [TenTec] Shipping Valuable Equipment
From: SEWATKINS@dgs.state.va.us (Sherrill WATKINS)
Date: Wed, 29 Mar 2000 16:56:12 -0500
Paul:  I have worked for 25+ years as a governmental purchasing official.  Your 
explanation of "FOB- Shipping Point" is exactly
correct.  It means that title to the goods being shipped transfers from the 
seller (you) to the buyer when the goods are picked-up by
the carrier at the point of shipment (Jacksonville) .  In this case the carrier 
is United Parcel Service.  Therefore; once the goods
were picked-up by the carrier, title transferred from the seller (you) to the 
buyer.  Therefore, you were not the legal owner of the
goods when they were being transported by the carrier.  The goods were owned by 
the buyer.  Therefore, any loss of the goods is the
buyer's responsibility, not the seller's (your's).  Common business practice 
dictates that you are not liable for the alleged loss
because the goods did not belong to you. They belong to the buyer and it is the 
buyer's responsibility to handle alleged losses with
the carrier.  -  73's-  Sherrill W.   k4own

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