Spot rate
A spot rate is a one-off price quoted for a single shipment, outside the published or contract rates.
- Also called
- Spot quote, Ad hoc rate
Related terms
- BookingA booking is a reservation of cargo space on a specific flight for an agreed weight, volume and rate.
- GCRGeneral Cargo RateA general cargo rate (GCR) is the standard published rate for cargo that does not qualify for a specific commodity rate or a class rate.
- YieldYield is the average revenue an airline earns per chargeable kilogram.
More in Rates & Charges
- Actual gross weightActual gross weight is the real weight of a shipment including its packaging, as weighed on a scale.
- CASSCargo Account Settlement SystemThe Cargo Account Settlement System (CASS) is IATA's system for billing and settlement between airlines and their cargo agents.
- CBMCubic MetreA cubic metre (CBM) is the unit used to measure a shipment's volume.
- CCACargo Charges Correction AdviceA cargo charges correction advice (CCA) is the document used to correct the charges or other details on an air waybill after it has been issued, for example a new weight or rate.
- Chargeable weightChargeable weight is the weight an air shipment is billed on.
- Fuel surchargeA fuel surcharge is an extra charge per kilogram that airlines add to the freight rate to cover changes in fuel prices.
Belli runs air cargo for airlines, from booking to billing.
Bookings, air waybills, ULD build up and messaging in one system, built with the people who handle the freight.