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GLOSSARY

Freight Rate

The cost charged for shipping goods via a truckload service, calculated per mile or per hundredweight.
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What is Freight Rate?

Freight Rate is the cost charged for shipping goods via a truckload service, calculated per mile or per hundredweight. This is also when you are getting exclusive use of a dry van or other trailer for your goods. 

It represents the financial compensation that shippers pay to carriers for the transportation of their cargo. 

Freight rates are influenced by a range of factors related to the shipment:

  • Transportation requirements
  • Market conditions
  • Travel distance
  • Cargo type
  • Standard vs expedited  

Look no further than our excellent freight resources blog if you’re looking for up-to-date expert guidance in truckload shipping. From negotiating freight rates to using domestic terms, our comprehensive articles guide you in the complex logistics landscape.

Related articles: 

How to Negotiate Freight Rates: Convincing Ways To Save | USA Truckload Shipping 

Why Are Freight Rates So High? (And What You Can Do About It) | USA Truckload Shipping

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