freight


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Freight

A transportation term meaning either goods being transported, and/or charges incurred for such transport.

Freight

1. Goods to be transported. The term is especially used in international commerce.

2. The cost of goods being transported, including the actual cost and the insurance. There are a number of ways for the buyer and seller of goods to divide responsibility for freight. See also: Incoterm.

freight

or

cargo

goods that are in the process of being physically transported from a factory or depot to a customer by road, rail, sea or air, involving both domestically and internationally traded goods. The movement of goods may be done by the supplier's own distribution division or by independent fleet operators and FREIGHT FORWARDERS. See DISTRIBUTION, PIGGY BACKING, COST AND FREIGHT, COST, INSURANCE AND FREIGHT, BALTIC MERCANTILE AND SHIPPING EXCHANGE.

freight

or

cargo

goods that are in the process of being physically transported from a factory or depot to a customer by road, rail, sea or air, involving both domestically and internationally traded goods. The movement of goods may be done by the supplier's own distribution division or by independent fleet operators and FREIGHT FORWARDERS. See C. I. F., F. O. B.
References in periodicals archive ?
Another trend affecting castings is the integration of railroad freight cars with conventional shipping (intermodal).
The average age of freight cars is also placing greater importance on durability, up to 29.
New data indicates speedier freight shipments in three Command-In-Chief operational areas: U.
Faster freight movements have also been recorded in Joint Forces Command, where shipments are moving 19 percent faster than in 2000.
c) Freight charges for shipments from Nova Scotia, New Brunswick, Newfoundland and Labrador and Prince Edward Island to other parts of Canada will attract the GST at 7 percent.
d) Freight charges for shipments from Nova Scotia, New Brunswick, Newfoundland and Labrador and Prince Edward Island to the United States will be a zero-rated international freight transportation service
The EITF reached a consensus that recognizing revenue when freight is received from the shipper or when freight leaves the carrier's terminal with expenses recognized as incurred is no longer acceptable.
Fortunately, this problem can be addressed without a massively expensive effort to physically isolate freight rail rights of way.
Saturation surveillance and related telemetry would greatly improve the security of the Los Angeles freight rail system, but it would also reduce risks to our expensive, mostly inconsequential commuter rail service.
container freight station, near Seattle, closed Feb.
To keep up with the growing demand for the steel castings used to make the freight cars, ASF in 1982 invested $14 million in the Granite City facility, which at the time was considered the largest producer of steel castings for railroad cars.
The air freight and logistics sector is defined here as consisting of revenues generated from freight and mail transportation by air.

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