Definitions for "Freight Rate"
Keywords:  cargo, truck, ton, metric, worldscale
The agreed price for the transportation of cargo. It can be expressed in different ways like per metric ton of cargo, per cubic meter of cargo, as a lump sum for the total cargo, or in any other relevant measurement unit that the parties agree to.
A figure representing the amount charged for a given unit of weight between two points.
The agreed freight charge calculated by metric tons of cargo or deadweight ton pr month (See Worldscale).
Keywords:  seas, high
the high seas