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A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck, ship, train, aircraft ), the weight of the cargo, and the distance to the delivery destination.
A freight claim or cargo claim is a legal demand by a shipper or consignee against a carrier in respect of damage to a shipment, or loss thereof. [1] [2] [3] Typically, the claimant will seek damages (financial compensation for loss), but other remedies include "specific performance", where the cargo-owner seeks delivery of the goods as agreed.
Some retailers offer free shipping on some orders or above a certain value threshold. This can vary depending on the merchandise category. Retailers usually place the threshold slightly above average order value in order to encourage buyers to purchase more products.
Online retailing is big business these days, with the top 500 Internet retailers growing by an average of 18% in 2011. E-commerce currently makes up about 8% of all retail sales, and that number ...
Radar beacon. Racon signal as seen on a radar screen. This beacon receives using sidelobe suppression and transmits the letter "Q" in Morse code near Boston Harbor (Nahant) 17 January 1985. Radar beacon (short: racon) is – according to article 1.103 of the International Telecommunication Union's (ITU) ITU Radio Regulations (RR) [1 ...
For the first time, China has publicized what it claims is an unwritten 2016 agreement with the Philippines over access to South China Sea islands. The move threatens to further raise tensions in ...