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An “All-Commodity Rate” refers to a fixed transportation charge applied to transport multiple types of goods or commodities in a single shipment from the shipper (consignor) to the receiver (consignee). This rate is typically calculated based on the cost of transportation services required to move the goods, rather than being influenced by the specific value or type of the commodities being transported.
Key features of an All-Commodity Rate include:
- Fixed Charge: The rate remains consistent regardless of the specific types of commodities being shipped. It is predetermined and applied uniformly to various goods within a shipment.
- Multiple Items: It allows for the transportation of a variety of goods or commodities in a single shipment. This is advantageous for shippers who need to transport different types of products together.
- Cost Basis: Unlike some specialized rates that may factor in the value or sensitivity of the goods being transported, an All-Commodity Rate is primarily based on the logistics costs involved in transporting the goods from origin to destination.
- Flexibility: It provides flexibility for shippers and receivers by offering a straightforward pricing structure that simplifies logistics planning and budgeting.
The All-Commodity Rate serves as a practical and cost-effective option for shipping multiple items in a single vehicle or shipment, catering to a wide range of goods without the need for customized pricing based on commodity-specific factors.
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