Joint Rate
A joint rate is a single freight rate applied to a shipment that involves multiple carriers working together to transport goods over a route that neither carrier serves alone. Joint rates simplify billing and coordination for shippers and provide a unified rate structure for complex shipping routes.
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.
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.
Freight Bill
Freight Bill is a carrier-issued invoice to the shipper detailing all transportation charges, including origin, destination, weight, dimensions, and applicable…
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…
