WebCommodity index means an index of the commodity descriptions contained in a tariff. Commodity rate means a rate for shipping to or from specific locations a commodity or commodities specifically named or described in the tariff in … http://www.shippingdiscounts.com/what-is-a-fak-definition-examples/
THE BIG READ: Why we are all at fault for fake commodity news …
WebJul 9, 2024 · When the stupid government allowed FAK (Freight, All Kinds) pricing of rail intermoal they finally allowed that business to grow. The Feds inane insistance on maintaing the class rate structure for rail shipments was a foot on the throat of intermodal for decades. It's all a supply/demand thing. And the specific commodity has little to do with it. WebJul 11, 2024 · Quite often LTL motor carriers will negotiate one FAK (freight-all-kinds) rate for shippers that have commodities that run across several commodity NMFC codes to simplify invoicing, but again … is brandy norwood sick
FAK it.. A deep dive into FAK rates and how it works..
WebFreight all kind (FAK) rates are applicable for all commodities without specific rate guidelines, except for: IMDG Cargo Classes 1, 7, and 5 Amber Listed Waste (Waste characterized as hazardous under the Basel Convention) High Value Cargo (Cargo Value exceeding $500.000 per container) Military, Police or other Government Cargo WebNov 15, 2024 · In layman terms, FAKs (Freight All Kinds) are tariff classifications for various goods and commodities that are pooled and shipped at one freight rate. In other words, … WebDec 6, 2024 · An FAK term negotiated between the customer and the consolidator helps to simplify the freight rate calculation and invoicing process when there are several different … is brandy sims safe