GlossaryEN1 min readUpdated: Jun 12, 2026
Price indication for sea freight from the Baltics to the East Coast of Canada
A freight rate indication is a preliminary cost estimate for planned sea transport, provided by the freight forwarder or shipping line based on weight, volume, container type, transit time, and current market rates.
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Source: https://www.logisticsglossary.com/sea-freight-pricing
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Check transit time: city-to-city index
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Definition & Explanation
A freight rate indication is a preliminary cost estimate for planned sea transport, provided by the freight forwarder or shipping line based on weight, volume, container type, transit time, and current market rates. It assists the shipper in quotation calculation but carries no binding obligation. Rate indications fluctuate with market conditions and typically remain valid for 24–48 hours.
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Transit index
Check transit time: city-to-city index
P50/P80 transit times for sea, air and road — sourced and confidence-rated, not a carrier quote.
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