MLchartDataset catalogue

Joint rate

Term · Logistics and supply chain · MLC-T-LOG-000152

A single freight charge applied to a shipment that moves over the lines of two or more carriers. This rate is established through an agreement between the participating carriers, covering the entire transportation journey from origin to destination. The revenue from a joint rate is typically divided among the carriers based on pre-determined prorate factors.

Table 1. Record
IdentifierMLC-T-LOG-000152
FieldLogistics and supply chain
Record as JSON 
{
  "id": "MLC-T-LOG-000152",
  "term": "Joint rate",
  "field": "Logistics and supply chain",
  "definition": "A single freight charge applied to a shipment that moves over the lines of two or more carriers. This rate is established through an agreement between the participating carriers, covering the entire transportation journey from origin to destination. The revenue from a joint rate is typically divided among the carriers based on pre-determined prorate factors.",
  "url": "https://mlchart.com/terminology/logistics/joint-rate/"
}

Record 164 of 256 in Logistics and supply chain terminology (MLC-0105). Request the full dataset.