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GLOSSARY

FAK Rate

A type of flat rate pricing in shipping. The abbreviation stands for Freight of All Kinds and is used to show that different types of goods can be shipped together for one price.
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What is FAK Rate?

Instead of providing shippers with quotes based on each commodity being sent, FAK rates are based on broad options.

  • Average density of multiple commodities
  • Size of shipping container
  • Size of package/crate

The standards depend on what method of shipping you plan on using – ocean or truck.

A true FAK rate offer is rare in trucking, and these are more likely to be granted to shippers who have been working with a single carrier partner for a long period of time. FAK rates are much more common in ocean freight services than in either truck or rail carriers. 

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