Related glossary terms

  • All commodity rate

    An all commodity rate is a freight rate applied to a broad range of goods regardless of type. Learn how it simplifies costs and differs from exception rates.

  • 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…

  • Fuel Surcharge (FSC)

    Fuel Surcharge (FSC) is an extra fee added to base freight charges to offset carrier fuel price fluctuations, calculated as a percentage of freight cost or…

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