How Does the Freight Forwarder Arrive at a Rate?
Besides the physical logistics of your actual shipment, here are some other factors that will affect how your freight forwarder calculates your shipping rate:
Inland transport: $______?
Ocean transport: $______?
CAF XX%: $______?
Documentation: $______?
TOTAL: $______
- Inland transport is the cost to move the product from a factory door to a port of exit within the same country.?- Ocean transport is the cost to move the product from the port of exit to the port of entry in the destination country.?- CAF stands for currency adjustment factor, which is the going rate of exchange from one currency to another — for example, U.S. dollars to Japanese yen.?- Documentation represents the freight forwarder’s fee for handling all documentation associated with the shipment, including letters of credit.
Clearance/Handling: $ 100.00?TOTAL: $13,300.00
About the Author: Global business expert Laurel Delaney is the founder of GlobeTrade.com. She also is the creator of “Borderbuster,” an e-newsletter, and The Global Small Business Blog, all highly regarded for their global small business coverage.