Freight Rate
The price basis charged for a transport service, excluding or including other charges as stated.
Professional definition
The price basis charged for a transport service, excluding or including other charges as stated. Its precise legal, operational or charging effect depends on the applicable contract, carrier terms, route, jurisdiction and transport mode.
Example
Example: a logistics team records or applies “Freight Rate” in the relevant booking, document, quotation or shipment milestone.
Where it is used
Used in freight forwarding operations, documents, systems and commercial discussions.
Common mistakes and things to remember
Confirm the precise meaning in the governing contract, tariff, official rules and provider terms; industry usage can vary.
Source
Use the linked authority and applicable national guidance for current requirements.
