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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.
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 ...
Postal rates to 1847. Initial United States postage rates were set by Congress as part of the Postal Service Act signed into law by President George Washington on February 20, 1792. The postal rate varied according to "distance zone", the distance a letter was to be carried from the post office where it entered the mail to its final destination.
For Internet service providers, flat rate is access to the Internet at all hours and days of the year (linear rate) and for all customers of the telco operator (universal) at a fixed and cheap tariff . Flat rate is common in broadband access to the Internet in the US and many other countries. A charge tariff is a class of linear rate, different ...
In 1998, Titanic (directed by James Cameron) became the all-time highest-grossing film to be released in China, with a then-unprecedented ¥360 million. In 2002, Hero became the second highest-grossing domestic film, with CN¥250 million. China's first domestic film to breach ¥360 million was released in 2009, The Founding of a Republic. [28]
Meanwhile, the average tariff rate on ASEAN goods sold in China decreased from 9.8 to 0.1 percent. [13] By 2015, ASEAN's total merchandise trade with China reached $346.5 billion (15.2% of ASEAN's trade), and the ACFTA accelerated the growth of direct investments from China and commercial cooperation. [6]
The governmental responsibility of the shipping industry is under the Ministry of Transport . The number of container units handled by Chinese ports in 2011 reached more than 150 million. The country also manufactures 90% of the world's containers. The throughput of cargo and containers at China's ports has been the largest in the world for the ...
Here’s why it made the list. Credit - I n Beth O’Leary’s popular 2019 debut, The Flatshare, assistant book editor Tiffy Moore needs an apartment in London, and fast. So when Leon Twomey, a ...