{"id":26617,"date":"2013-05-21T10:21:35","date_gmt":"2013-05-21T04:51:35","guid":{"rendered":"http:\/\/vskills.in\/certification\/tutorial\/?p=26617"},"modified":"2024-04-12T14:18:46","modified_gmt":"2024-04-12T08:48:46","slug":"freight-rates-principles-2","status":"publish","type":"page","link":"https:\/\/www.vskills.in\/certification\/tutorial\/freight-rates-principles-2\/","title":{"rendered":"Freight Rates Principles"},"content":{"rendered":"

Certify and Increase Opportunity.<\/span>
\nBe <\/span>
\nGovt. Certified Intl. Logistics Professional
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Essentially the laws of supply and demand fix the rates. The criteria for this was based partly on the principle of \u201ccharge what the trade can bear\u201d that is the rates are pushed upwards until shippers begin to look for cheaper rates elsewhere. The lower end of the rate spectrum is, of course, governed by the need to ensure an operating surplus.<\/p>\n

In reality, whereas all conferences were able to set their own rates, they were all constrained by the rates being set by non-conference operators.<\/p>\n

Freight charge is the consideration paid by the shippers or consignees to carrier for moving their cargo (transportation from one location to an other location) for using vessel space of liners. The allocation of space to accommodate the cargo and to transport it from the port of loading till the discharge port has got different type of expenses to the liner and the income out of such transporting should be more than the cost of such movement. The freight rates are set after taking into consideration of various factors as detailed below:<\/p>\n

FACTORS CONSIDERED WHILE FIXING FREIGHT RATE<\/p>\n