Word: Freight Rate
Part of Speech: Noun
Definition: A freight rate is the cost or charge for transporting goods or cargo from one place to another using a common carrier, like a truck, ship, or airplane. It is the price you pay to send something somewhere.
Usage Instructions:
Use "freight rate" when talking about shipping costs, especially in business or logistics.
It is often used when comparing prices or when discussing how much it costs to send items.
Example:
"The freight rate for shipping this package overseas is $100."
"If you order in bulk, the freight rate is usually cheaper."
Advanced Usage:
In business discussions, you might hear phrases like: - "Negotiating freight rates" – discussing and agreeing on a lower price for shipping. - "Freight rate fluctuations" – changes in shipping costs over time.
Word Variants:
Freight (noun): The goods being transported.
Freight (verb): To send goods by a common carrier.
Freightage (noun): The charge for transporting goods.
Different Meaning:
While "freight rate" primarily refers to shipping costs, "freight" alone can also refer to the goods being transported.
Synonyms:
Shipping cost
Transportation fee
Delivery charge
Idioms and Phrasal Verbs:
"To pay the freight": This idiom means to take responsibility for a cost or consequence. For example, "If you want to make a profit, you have to pay the freight and manage your expenses."
"Freight out": To send goods via freight.