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WorksheetsFreight Rate
Total questions: 16
Worksheet time: 9mins
Shipper choose sea freight over other shipping method due to these reasons except
Fewer restriction
Bigger capacity
Speed
Low emission
Dead freight is charged for
the value of the cargo
bringing back the refused consignment
breaching of contract
delivery of goods
Ad valorem freight is defined as freight
before delivery of goods
for bringing back the refused consignment
due to unavoidable situations of delivery
based on value of the cargo
Factors affecting the fixation of conference liner rates include:
Port condition
Market condition of cargo
Volume of cargo
Special features of cargo
Characteristic of Full Container Load (FCL) include the following except
shipment used the entire container
shipments share container space with other goods
shipper pay a flat fee for the entire container
for cargo loads large enough to fill 20' or 40' shipping container
The benefits of shipping Full Load Container (FCL) are
save on inventory cost
Faster
Less potential for damage
save money on smaller shipments
This type of delivery usually applied when warehouse is particularly busy or lacks the necessary equipment to do a fast unload
Live delivery
Drop delivery
Characteristics of Less than Container Load (LCL) include the following except:
Container is loaded and sealed at the factory and unloaded when it reaches the destination warehouse
Sometimes called Groupage Shipments
Calculated primarily by volume
Shipment for cargo loads not large enough to fill a full 20ft or 40ft shipping container
The drawbacks of shipping Less than Container Load (LCL) include:
Damage potential
Longer transit time
higher inventory cost
expensive for small shipment
Charges at Container Freight Station (CFS) on LCL shipping can be very significant because of
cost of picking up shipment
cost of the sea journey
require significant machine and manpower
Sea freight costs and rates include;
Terminal handling charge
Custom security charge
Insurance
Routing charges
Port charges
Liner conference operate based fixed sailing schedules fixed freight rate
True
False
1 of the basic rate structure in Liner Shipping is the straight mileage structure where rate is directly proportional to distance
True
False
A pricing principles that treating all commodities the same way - group of shipments are put together to be transported as a single shipment and freight is charged using a unique rate
Commodity Box Rates (CBR)
Freight All Kinds (FAK)
Costs and fees add up to the freight rate for container shipments include;
Labelind and palletization
Port congestion surcharge
Demurrage and detention
Custom Bonds
If you are a shipper and wanted to ship a load with volume around 15 CBM, do you consider to ship using FCL or LCL?
Less than Container Load (LCL)
Full Container Load (FCL)
