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  2. Worldscale - Wikipedia

    en.wikipedia.org/wiki/Worldscale

    Worldscale. Worldscale is a unified system of establishing payment of freight rate for a given oil tanker 's cargo. Worldscale was established in November 1952 by London Tanker Brokers' Panel on the request of British Petroleum and Shell as an average total cost of shipping oil from one port to another by ship. A large table was created as result.

  3. Freight rate - Wikipedia

    en.wikipedia.org/wiki/Freight_rate

    Freight rate. 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.

  4. Baltic Dry Index - Wikipedia

    en.wikipedia.org/wiki/Baltic_Dry_Index

    Baltic Dry Index. The Baltic Dry Index ( BDI) is a shipping freight-cost index issued daily by the London -based Baltic Exchange. The BDI is a composite of the Capesize, Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.

  5. Freightos Baltic Index - Wikipedia

    en.wikipedia.org/wiki/Freightos_Baltic_Index

    The Freightos International Freight Index was first launched as a weekly freight index in early 2017. The Freightos Baltic Index has been in wide use since 2018. It is currently the only freight rate index that is issued daily, and is also the only IOSCO-compliant freight index that is currently regulated by the EU (in particular, the European Securities and Markets Authority).

  6. Shipping rates plunge as experts say 'unprecedented ... - AOL

    www.aol.com/finance/shipping-rates-plunge...

    Shipping rates have fallen sharply this year as the pandemic-induced scramble for shipping and the resulting spike in costs has peaked, according to experts. Shipping rates plunge as experts say ...

  7. Have Shipping Fees Gone Up? Comparing 10 Years Ago and ... - AOL

    www.aol.com/shipping-fees-gone-comparing-10...

    Fast forward to today, and your annual cost jumps to $87.60 to send those same envelopes. Shipping packages will put an even bigger dent in your bank account. For instance, if you mailed 20 ...

  8. Forward freight agreement - Wikipedia

    en.wikipedia.org/wiki/Forward_freight_agreement

    A forward freight agreement ( FFA) is a financial forward contract that allows ship owners, charterers and speculators to hedge against the volatility of freight rates. It gives the contract owner the right to buy and sell the price of freight for future dates. FFAs are built on an index composed of a shipping route for tanker or a basket of ...

  9. National Motor Freight Classification - Wikipedia

    en.wikipedia.org/wiki/National_Motor_Freight...

    The National Motor Freight Classification ( NMFC) is a North American voluntary standard that provides a comparison of commodities moving in interstate, intrastate and international commerce via freight shipment. The standard is developed and maintained by the Freight Classification Development Council (FCDC) and published by the National Motor ...

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