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Freight rate. A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck, ship, train, aircraft ), the weight of the cargo, and the distance to the delivery destination.
Exports are down 50%. For the first three months of 2009 GDP has shrunk by 2%. Households and small businesses are heavily in debt. June 25, 2009: Colombia. Colombia enters into recession after witnessing 0.7% contraction in the last quarter of 2008 and 0.6% in the following quarter. [84] June 30, 2009: Turkey.
Martin Gruenberg, the Chairman of the Federal Deposit Insurance Corporation is facing a barrage of calls from lawmakers to resign after a scathing 234-page report released Tuesday detailed ...
The Houthis say their attacks on shipping in the Red Sea and Gulf of Aden are aimed at pressuring Israel to end its war with Hamas in Gaza, which has killed more than 35,000 Palestinians there ...
Online retailing is big business these days, with the top 500 Internet retailers growing by an average of 18% in 2011. E-commerce currently makes up about 8% of all retail sales, and that number ...