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 ?
It's true that fleets of one tractor comprise 60 percent of the total number of fleets, according to a recent FreightWaves estimate contained in our research paper "What are digital freight brokerages worth?" But those single-tractor fleets only represent 8.7 percent of all trucking capacity.
For companies with a significant number of freight invoices to process, building their own freight audit department with in-house tools demands investment, time, and subject matter and IT expertise.
Department of Transportation Commissioner Marie Therese Dominguez said, "Through these unprecedented investments in enhancing the freight network, Governor Cuomo is reaffirming his commitment to ensuring the economic viability of New York and improving the competitiveness of businesses statewide.
In fact, several Fortune 500 companies would often have their freight withheld because freight bills were not paid on time and in accordance to the freight payment guidelines established by the since-defunct Interstate Commerce Commission.
The majority of the industries have been majorly operating near to Shuwaikh port which further drives the demand for industrial freight cargo in the country.
According to the company, this new freight ferry will increase its efficiency and enable the company to accommodate projected growth in its route network in northern Europe and the Mediterranean, support trade and help its customers grow their business.
Freight capacity, measured in available freight tonne kilometers (AFTKs), rose 4.0% year-on-year in November.
-With this application, movement of freight trains on Geographic Information System (GIS) view can be tracked.
Each respondent provided a detailed explanation of the modal split in its country, the governing structure of its national freight policy, successful best practices, and information about challenges and opportunities.
Pakistan Railways took several steps during the last four years to make the organization profitable entity and focus has been shifted towards freight sector which is a profitable venture, as a result of which the distorted product mix of Pakistan Railways has been rectified to some extent.
To date, at three of the four FedEx Freight locations that originally voted for Teamster representation, the Union has either been decertified by employee vote or voluntarily decided not to continue as bargaining representative.
Earlier, only eight locomotives were available in freight pool, with less then one train per day coming from port in 2013.

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