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LSDefine

Simple English definitions for legal terms

FIO

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A quick definition of FIO:

Term: FIO

Definition: FIO stands for "Free in and out." This means that the person who is sending the cargo oversees and pays for both the loading and unloading of the cargo. It's like when you pack your own lunch and carry it to school yourself. You are responsible for making sure it gets to school safely and you don't need anyone else's help to do it.

A more thorough explanation:

Definition: FIO stands for Free in and out. This bill-of-lading term means that the shipper supervises and pays for loading and unloading of cargo.

  • A company ships a container of goods from China to the United States using FIO terms. This means that the company is responsible for overseeing the loading of the container onto the ship in China and the unloading of the container from the ship in the United States.
  • Another company ships a shipment of oil using FIO terms. This means that the company is responsible for supervising the loading of the oil onto the tanker and the unloading of the oil at the destination port.

These examples illustrate how FIO terms work in practice. When a company uses FIO terms, they are responsible for the loading and unloading of their cargo. This can be beneficial for companies that want more control over the shipping process, but it can also be more expensive since they have to pay for the labor and equipment needed for loading and unloading.

finis | FIOS

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HopefullyInLawSchool
14:19
your*
14:19
I fear I realized too late
babycat
14:20
another victim claimed
concorde
14:22
pwned
14:22
Might have to send in addendums for that
Dkk
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No wave, so sad.
WorthlessAttractiveZombie
14:28
What are the odds that berk releases later today?
babycat
14:28
@Dkk: And here I thought you were a prophet. Smh.
14:33
@WorthlessAttractiveZombie: 4
WorthlessAttractiveZombie
14:35
@EvolBunny: I will take the odds of 4, very promising
14:38
I'm too drunk to taste this chicken
Dkk
14:38
Lol, I suck I guess. @babycat
14:40
suck what? (:
Dkk
14:42
suck at predicting
14:43
boooooo
1a2b3c4d26z
14:45
hi guys
1a2b3c4d26z
14:45
how is everyone doing this fine friday
1a2b3c4d26z
14:46
Tonight im going to go for a run and lift some weights and then eat some dinner (probably a burrito) and then I'm going to watch a scary movie with my girlfriend (probably Longlegs). I'm so excited :)
1a2b3c4d26z
14:46
What is everyone else doing tonight
1a2b3c4d26z
14:47
Besides YM of course
14:47
Yoooo I’m a lifter too
14:47
I'm all good, I'm tipsy in Zanzibar finishing an app and laughing my ass off to this:
babycat
14:48
renard what are you drinking?
BulbasaurNoLikeCardio
14:50
Feeling like sad drinking tonight, wife accidentally tossed out my truck keys and those are expensive as fuck to replace. The crappiest part is that the key chain had the "remove before flight" tab from my first aircraft's rocket pods overseas from 6 years ago. Then find out people fucked around and back dated reports at work making me look like a shit bag so I am working later tonight and missing range time which is my weekly relax/me time. Add in my sleep meds stopped working, so I am thinking vodka (so I stay skinny and hot) and pizza by the fireplace kind of friday.
1a2b3c4d26z
14:51
Renard if you're not drinking margs Im gonna throw hands
14:51
Was at a restaurant and they decided to have me try something called "Double Kick" free of charge, it's like a sugar cane liquor with pineapple flavor
1a2b3c4d26z
14:51
missing range time :(
1a2b3c4d26z
14:52
That sounds good renard but unfortunately I'll still have to throw hands
Tonight I’m Having a date with this guy who asked me out couple times
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