The Relationship Between Freight Rate and Shipping Cost: Key Connections and Market Impacts

The Relationship Between Freight Rate and Shipping Cost: Key Connections and Market Impacts

This article explores the definitions of freight rates and shipping costs and their interrelationship. It indicates that the freight rate represents the price of transportation labor, which directly influences the supply and demand dynamics of the shipping market. In contrast, the shipping cost is the compensation paid by the shipper to the carrier for completing the transportation of goods. The calculation of shipping costs relies on the product of freight rates and transportation volume.

07/21/2025 Logistics Encyclopedia
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Bill of Lading Operation Process Explained: Key Steps from Shipping to Bill Exchange

Bill of Lading Operation Process Explained: Key Steps from Shipping to Bill Exchange

This article delves into the operations of bills of lading, highlighting the differences between original and electronic releases, and the relationships among freight forwarders, shippers, shipping companies, and destination port agents. It particularly focuses on the distinctions between direct bills and freight forwarder bills, aiding readers in clarifying the key stages in the bill of lading process, thereby enhancing efficiency and accuracy in shipping.

07/16/2025 Logistics Encyclopedia
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Fed Keeps Rates Unchanged Amid Trade Uncertainty

Fed Keeps Rates Unchanged Amid Trade Uncertainty

The Federal Reserve has paused interest rate hikes again, keeping the federal funds rate unchanged, mainly due to economic uncertainty. Ongoing trade friction exacerbates supply chain risks and poses challenges to inflation control. The future direction of interest rate policy depends on factors such as inflation data and trade policies. The US economy continues to face uncertainty.

01/07/2026 Logistics Industry Insights
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Douyin Introduces 100point Merchant Scoring System

Douyin Introduces 100point Merchant Scoring System

Douyin Experience Score has undergone a significant update, transitioning from a 5-point to a 100-point system with a shortened 30-day assessment cycle. The new rules refine the evaluation metrics for product, service, and logistics experience, aiming to enhance overall user experience on the platform. Merchants need to pay close attention to key indicators such as negative review rate, return rate, average response time, after-sales rejection rate, and timely pickup rate. Optimizing operational strategies is crucial for gaining a competitive edge under the new regulations.

01/04/2026 Logistics Industry Insights
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Ebay Seller Levels Guide to Ratings and Performance Boost

Ebay Seller Levels Guide to Ratings and Performance Boost

This article delves into the evaluation rules and specific standards of eBay seller levels, offering corresponding optimization strategies. eBay seller level primarily depends on metrics such as defect rate, unresolved disputes, late shipment rate, and tracking upload rate. By optimizing product descriptions, processing orders promptly, and providing excellent customer service, sellers can effectively improve their store level, thereby gaining more exposure and lower operating costs. Improving these metrics can significantly impact visibility and profitability on the eBay platform.

01/04/2026 Logistics Encyclopedia
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Best Practices for Converting Swazi Lilangeni to US Dollars

Best Practices for Converting Swazi Lilangeni to US Dollars

This report discusses how to exchange Swazi lilangeni (SZL) for US dollars (USD), emphasizing the importance of market exchange rates and their fluctuations on individuals and businesses. By focusing on real-time exchange rates and information from exchange platforms, it aids readers in facilitating more effective international transactions.

08/19/2025 Exchange Rate Query
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Customs General Administration Partners with Ningbo Shipping Exchange to Build Maritime Silk Road Trade Index

Customs General Administration Partners with Ningbo Shipping Exchange to Build Maritime Silk Road Trade Index

The General Administration of Customs has signed a memorandum of cooperation with the Ningbo Shipping Exchange to promote the research of the Maritime Silk Road Trade Index and the Export Leading Index. This initiative aims to provide data support for small and medium-sized enterprises and government decision-making, while also aiding the research and analysis of the global trade situation.

07/24/2025 Logistics
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Customs General Administration And Ningbo Shipping Exchange Deepen Cooperation To Promote Global Trade Index Development

Customs General Administration And Ningbo Shipping Exchange Deepen Cooperation To Promote Global Trade Index Development

The General Administration of Customs' Global Trade Monitoring and Analysis Center has signed a memorandum of cooperation with the Ningbo Shipping Exchange to engage in in-depth collaboration in global trade research and index construction. This partnership aims to leverage big data analysis to enhance the responsiveness of trade markets and support the development of both domestic and international trade.

07/28/2025 Logistics
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