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2. Freight rate - Wikipedia

   en.wikipedia.org/wiki/Freight_rate

   A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport (truck, ship, train, aircraft), the weight of the cargo, and the distance to the delivery destination.

3. Forward freight agreement - Wikipedia

   en.wikipedia.org/wiki/Forward_freight_agreement

   Tanker FFA volumes were down 16% on the previous year, reaching 553,535 lots. Middle East Gulf to China (TD3C) was the favoured tanker contract with 304,719 lots changing hands. One lot is defined as a day's hire of a vessel or 1,000 metric tonnes of ocean transportation of cargo.

4. Baltic Dry Index - Wikipedia

   en.wikipedia.org/wiki/Baltic_Dry_Index

   The Baltic Dry Index (BDI) is a shipping freight-cost index issued daily by the London-based Baltic Exchange. The BDI is a composite of the Capesize , Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.

5. Dimensional weight - Wikipedia

   en.wikipedia.org/wiki/Dimensional_weight

   Freight carriers utilize the greater of the actual weight or dimensional weight to calculate shipping charges. Dimensional weight is calculated as (length × width × height) / (dimensional factor). Measurements can be made all in inches or all in centimeters, but the appropriate shipping factor must also be used.

6. Currency adjustment factor - Wikipedia

   en.wikipedia.org/wiki/Currency_adjustment_factor

   On 21 July 2005, the People’s Bank of China announced that it would no longer peg the Chinese currency (renminbi or RMB) to the United States dollar (USD). In response a number of international freight forwarders decided to convert all their contracts with their customers into renminbi and to introduce a CAF surcharge. [ 3 ]

7. Customs clearance in China - Wikipedia

   en.wikipedia.org/wiki/Customs_clearance_in_China

   Before transportation, China Customs will check whether the goods have health certificate and animal or plants quarantine issued by General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China. If so, appointment with China Customs is needed at least one day before shipping.