Oops! Something went wrong while submitting the form.
Back to Glossary
Conference rate
Definition
a conference rate refers to a predetermined freight rate agreed upon by multiple shipping lines or carriers operating within the same trade route or geographic area. These rates are established through collaborative discussions and negotiations among the carriers in a shipping conference. Conference rates provide standardized pricing for specific routes or trade lanes, offering stability and transparency in freight costs.
Have a question?
Talk to an expert.
Our experts love to answer questions. Fill out the form and someone will contact you soon.
Oops! Something went wrong while submitting the form.
Get the Most Advanced Visibility into the Journey of Your Ocean and Rail Containers
Talk to one of our supply chain experts to get started now.
