What is Freight-of-all-kinds rate?
Freight-of-all-kinds (FOAK) rate is a type of freight rate that is applied to the transportation of various types of cargo. The rate is determined by the type of cargo, the weight of the cargo, and the distance it must travel. This type of rate is used when a single rate cannot be applied to all of the items being shipped.
How is Freight-of-all-kinds rate calculated?
The freight rate for FOAK is calculated based on the weight of the cargo and the distance it needs to travel. The rate is then adjusted based on the type of cargo as well as any additional services that might be required, such as packaging and storage. The rate can also be adjusted based on the size and type of vehicle used to transport the cargo.
Examples of Freight-of-all-kinds rate
- A truckload of mixed goods from Chicago to Los Angeles would be charged a freight rate based on the weight of the cargo and the distance it needs to travel.
- A full container load of furniture from New York to San Francisco would have a different rate than a single box of books.
- A shipment of hazardous materials from Boston to Miami would have a higher rate than a shipment of non-hazardous materials.
Conclusion
Freight-of-all-kinds rate is a type of freight rate that is applied to the transportation of various types of cargo. The rate is determined by the type of cargo, the weight of the cargo, and the distance it must travel. This type of rate is used when a single rate cannot be applied to all of the items being shipped. For more information on freight-of-all-kinds rate and other types of freight rates, please visit the following links: