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Freight Forwarding & Incoterms: Key Terms Explained in Detail

Discover the essential freight forwarding terms and Incoterms that define responsibilities, risks, and cost-sharing in global trade. This glossary provides clear, practical explanations to help you navigate documentation and operational decisions with confidence.

Quotation (Freight Quote)

Last updated: January 29, 2026
Q

A freight quotation is a formal offer issued by a carrier or freight forwarder that outlines the cost of transporting goods from one location to another. It includes pricing for freight charges along with key details such as origin, destination, transit time, and mode of transport. This document helps shippers understand the expected shipping cost upfront. It also sets clear expectations before the shipment is confirmed.

The quotation usually breaks down charges into components like base freight, fuel surcharges, handling fees, and any additional services requested. It also specifies the terms and conditions, including the validity period, payment terms, and any exclusions. This transparency allows shippers to compare options accurately. It helps them choose the most suitable service based on cost and requirements.

Freight quotes are often based on shipment details such as weight, volume, cargo type, and routing. Any changes to these details can affect the final price. That’s why accurate information is essential when requesting a quote. Clear quotes reduce the risk of unexpected charges later. They also support better budgeting and planning.

Overall, a freight quotation acts as the starting point of the shipping process. It aligns both parties on pricing and responsibilities. It helps avoid misunderstandings once the shipment moves forward. And it provides a reliable reference throughout the logistics transaction.

FAQ

Frequently Asked Questions about Quotation (Freight Quote)

Clear answers to the most common questions people have when learning about Quotation (Freight Quote).

How long is a freight quotation usually valid?

It includes known charges at the time of quoting, but extra costs may apply if shipment details change or unforeseen services are required.

What information is needed to get an accurate freight quote?