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Conference rate

shipping container at sea
Definition

a conference rate refers to a predetermined freight rate agreed upon by multiple shipping lines or carriers operating within the same trade route or geographic area. These rates are established through collaborative discussions and negotiations among the carriers in a shipping conference. Conference rates provide standardized pricing for specific routes or trade lanes, offering stability and transparency in freight costs.

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Conference rate

Definition

a conference rate refers to a predetermined freight rate agreed upon by multiple shipping lines or carriers operating within the same trade route or geographic area. These rates are established through collaborative discussions and negotiations among the carriers in a shipping conference. Conference rates provide standardized pricing for specific routes or trade lanes, offering stability and transparency in freight costs.

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Get the Most Advanced Visibility Into the Journey of Your Ocean and Rail Containers

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Shipping container at seaShipping container at sea