FI / FO / FIO
Category: Logistics
Also searched as: FI FO FIO
Definition (plain English)
Freight terms showing whether loading in, discharge out, or both are excluded from the carrier freight rate.
Why it matters commercially
FI, FO, and FIO change who pays loading and discharge costs, which can turn a cheap ocean quote into an expensive delivered movement.
Example
A bulk cargo quote marked FIO looked competitive until the buyer added separate stevedoring costs at both origin and destination.
Common mistake
Accepting a vessel quote without confirming whether loading, discharge, lashing, trimming, and port labor are included.
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