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 ?
The four current outlets are located at the head office of Transport and Freightage Department, which is near the new Fruit and Vegetable Market, the main building of Sharjah Municipality, Khalidiya area and Al Wahda Centre.
EVA) have notified forwarders of 10%-15% higher cargo freightage for European routes to be effective August 23 and 25, respectively.
The outlook revision reflects TRC's view that recovering demand and freightage will continue to improve Yang Ming's profitability and slightly enhance its capital structure and cash flow protection measure in 2010.
With raised freightage during peak season, the shipper also saw satisfactory performance on the U.
And rising freightage will likely enable the company to be profitable on shipping service along Asia-America routes in the third quarter of this year.
Raising freightage in January and February will enable Yangming to see conspicuous growth in revenues in March.
He also notes that local battery makers can move product standardization and mass-production to China to cut cost, including freightage related to shipping goods factory-direct.