What do you mean by FAK rate in shipping?

FAK Rate in Shipping Explained: Understanding Freight All Kinds (FAK) Rates

FAK rate in shipping is the rate applied to all freight categories to build a standard pricing structure. Exporters transporting their goods across borders for international trade book a shipping company or carrier to carry out the intermodal transportation of goods using various modes of transportation such as rail, road, air and sea. These shipping […]