Incremental freight rate adjustments are periodic, small-step revisions to base tariffsâexpressed as percentages or fixed amountsâenabling carriers to pass through cost increases such as fuel price volatility, currency fluctuations, or demand-driven surcharges without renegotiating full rate agreements.
Source: https://cscmp.org/supply-chain-management-glossary/incremental-freight-rate-adjustments
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