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Freight price calculation

What is meant by Freight price calculation?

"Freight rate calculation" refers to the process of determining the price for transporting goods from one location to another. Typically, the freight rate depends on various factors including the type of cargo, distance, mode of transportation, urgency of delivery, and any additional services such as insurance or customs clearance.

Software for freight rate calculation automates this process and provides a range of functions to help accurately determine the price and make the entire shipping process more efficient. Typical functions include:

  1. Tariff Management: Managing freight rates from various carriers and transportation companies.

  2. Route Optimization: Calculating the optimal route based on distance, time, cost, and other parameters.

  3. Freight Calculation: Calculating the freight rate considering various factors such as weight, volume, distance, and mode of transportation.

  4. Price Comparison: Comparing freight costs from different carriers to find the most cost-effective option.

 

The function / module Freight price calculation belongs to:

Logistics, Transportation