Rate class
A rate class is the one-letter code on the air waybill that shows how the rate was worked out.
Common ones are M (minimum charge), N (normal rate), Q (quantity rate), C (specific commodity rate), R (class rate reduction) and S (class rate surcharge).
Related terms
- 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.
- SCRSpecific Commodity RateA specific commodity rate (SCR) is a lower rate for a named type of goods on a specific route, usually with a minimum weight.
- TACTThe Air Cargo TariffTACT (The Air Cargo Tariff) is IATA's publication of air cargo rates, rules and charges, used to price shipments and fill in air waybills.
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.