Factors That Determine Freight Rates

Other factors, aside from the type of freight shipping provider and method you pick, influence your shipping costs. It’s critical to be aware of all of these in order to discover the most cost-effective solution for your shipment.

Dimensions

As carriers charge you based on how much room your shipment takes up in the container, the length, breadth, and height of your package are important. Varying products have different volumetric weights, which might vary significantly even if the cargo is not necessarily heavier.

Weight

Your shipment’s actual weight is compared to its volumetric weight, and carriers decide the fee based on which is greater.

Value

The value of your freight might impact how much insurance you require, and most carriers view higher-value shipments as more of a risk. Insurance for high-value goods is frequently required to limit losses in the event that they are lost or damaged during transit.

Speed of delivery

Different shipping methods and freight providers offer varying levels of delivery speed, but in general, faster delivery periods cost more. Depending on the urgency and perishability of your shipment, this element may be given higher priority.

Destination

Due to higher fuel expenses, the longer your shipment has to travel, the more you must pay for shipping. Some destinations are divided into zones, and carriers’ ease of access might affect how much they charge you.

Customs clearance

Varying nations have different customs, taxes, and related rules that may affect your shipment’s admission. Duties and taxes are paid during customs clearance for both import and export, and these may be additional expenditures in addition to shipping rates.

Delays

Delays can occur for a variety of reasons, and carriers may charge you for the additional time you spend utilising their services.

Keedwell Scotland, along with our partner company Keedwell European Freight, provide end-to-end solutions for our customers looking to transport goods to and from Europe. Covering both land and sea logistics, we have the right partners in place on our network. Get in touch today to find out more.