All commodity rate
An all commodity rate is a freight rate applicable to a broad range of goods, without differentiation based on the type of cargo. This rate simplifies the pricing structure for shippers, allowing them to transport various commodities at a unified rate.
Related glossary terms
Exception Rate
Exception rate is a freight rate that departs from standard tariff classes, negotiated for specific cargo, lanes, or volume. Learn when exception rates apply.
All inclusive rate (AI)
An all-inclusive rate (AI) bundles freight, fuel surcharges, and handling fees into one charge. Learn what is covered and how to compare quotes accurately.
Ocean Freight
Ocean Freight refers to transporting goods by sea using container ships or bulk carriers, the dominant mode of international trade due to its large-volume…
Freight Bill
Freight Bill is a carrier-issued invoice to the shipper detailing all transportation charges, including origin, destination, weight, dimensions, and applicable…