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Pro Rata

shipping container at sea
Definition

Pro rata is a Latin term that means "in proportion" or "according to the rate." In the supply chain context, pro rata refers to the allocation or distribution of costs, charges, or benefits based on a proportional share or ratio.

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Pro Rata

Definition

Pro rata is a Latin term that means "in proportion" or "according to the rate." In the supply chain context, pro rata refers to the allocation or distribution of costs, charges, or benefits based on a proportional share or ratio.

Have a question? Talk to an expert.

Our experts love to answer questions. Fill out the form and someone will contact you soon.

Thank you for your submission!

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Oops! Something went wrong while submitting the form.

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

Talk to one of our supply chain experts to get started now.
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Shipping container at seaShipping container at sea