Incentive Rate Agreements (Freight)
Quelle: https://www.investopedia.com/terms/i/incentive-rate-agreements.asp
Contractual agreements between shippers and carriers in which the carrier earns tiered discounts or bonus payments upon meeting or exceeding specified performance metrics—such as volume thresholds, service levels or on-time delivery targets. The objective is to reduce costs and enhance service quality through performance-based incentives.
Related Terms
You might also be interested in these terms
⚖️ ICC Incoterms 2020
Incoterms 2020 Simulator: Who bears costs & risk?
Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.