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.
The charge assesed by a freight carrier for moving a commodity from one point to another. Rates vary by distance and the types of commodity and the methods of calculating rates differ among rail, truck, and ship carriers.
A freight rate is a price at which a certain cargo/freight is delivered from one point to another. The price depends on the form of the cargo, the mode of transport (truck, ship, aircraft), the weight of the cargo, and the distance to the delivery destination. Many shipping services, especially air carriers, use dimensional weight for calculating the price, which takes into account both weight and volume of the cargo.