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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.
The phrase passing the ship's rail is no longer in use, having been dropped from the FOB Incoterm in the 2010 revision. Due to potential confusion with domestic North American usage of "FOB", it is recommended that the use of Incoterms be explicitly specified, along with the edition of the standard. [9] [10] For example, "FOB New York ...
In an economic analysis filed on behalf of the promoter to the New York Public Service Commission in July 2010, London Economics International estimates that the projected line would save New York customers $8.1 billion on their electricity bills over the first 10 years of operations, between 2015 and 2024. [19]
Zim Integrated Shipping Services (ZIM) Israel: 781,026 130 2.5% 10 Yang Ming Marine Transport Corporation Taiwan: 711,393 98 2.2% Premier Alliance 11 Wan Hai Lines Taiwan: 481,225 118 1.7% 12 Pacific International Lines (PIL) Singapore: 295,567 89 1.0% [Note 8] 13 Shandong International Transportation Corporation (SITC) China: 160,156 101 0.6% 14
Sorters for recycling. The South Brooklyn Marine Terminal (SBMT) is an intermodal shipping, warehousing, and manufacturing complex in the Port of New York and New Jersey.It is located along the Upper New York Bay, between 29th and 39th Streets in the Sunset Park and Greenwood Heights neighborhoods of Brooklyn, New York City.
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