As a shipper, it is important to stay informed of any regulatory changes that may impact your operations and costs. Whether you are shipping globally or domestically, changes in the industry can have ripple effects on your business. By staying ahead of the curve and adjusting your freight rate calculations accordingly, you can mitigate any potential impacts and protect your bottom line.

When it comes to freight rate calculations, you need to take numerous factors into account. These include the type of cargo you’re carrying, the distance it needs to travel, and the vessel you’re using to transport it. The latter is particularly crucial, given that the type of ship you opt for can significantly influence your freight rate