What does freight rate mean?
Definitions for freight rate
freight rate
This dictionary definitions page includes all the possible meanings, example usage and translations of the word freight rate.
Princeton's WordNet
freight, freightage, freight ratenoun
the charge for transporting something by common carrier
"we pay the freight"; "the freight rate is usually cheaper"
Wikipedia
Freight rate
A freight rate (historically and in ship chartering simply freight) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport (truck, ship, train, aircraft), the weight of the cargo, and the distance to the delivery destination. Many shipping services, especially air carriers, use dimensional weight for calculating the price, which takes into account both weight and volume of the cargo. For example, bulk coal long-distance rates in America are approximately 1 cent/ton-mile. So a 100 car train, each carrying 100 tons, over a distance of 1000 miles, would cost $100,000. On the other hand, Intermodal container shipping rates depend heavily on the route taken over the weight of the cargo, just as long as the container weight does not exceed the maximum lading capacity. Prices can vary between $300-$10,000 per Twenty foot equivalent unit (TEU) depending on the supply and demand of a given route.In ship chartering, freight is the price which a charterer pays a shipowner for the use of a ship in a voyage charter.
ChatGPT
freight rate
A freight rate refers to the cost or price at which cargo or goods are transported from one place to another through various modes of transportation including, rail, road, air, or sea. This rate can depend on a variety of factors such as the distance of the trip, the weight and volume of the cargo, and the type of goods being transported.
Wikidata
Freight rate
A freight rate is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport, the weight of the cargo, and the distance to the delivery destination. Many shipping services, especially air carriers, use dimensional weight for calculating the price, which takes into account both weight and volume of the cargo. For example, bulk coal long-distance rates in America are approximately 1 cent/ton-mile. So a 100 car train, each carrying 100 tons, over a distance of 1000 miles, would cost $100,000. In ship chartering, freight is the price which a charterer pays a shipowner for the use of a ship in a voyage charter.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of freight rate in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of freight rate in Pythagorean Numerology is: 9
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"freight rate." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/freight+rate>.
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