Define: Freight Costs

The meaning of “Freight Costs” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is Freight Costs defined in a legal contract?

  • Freight Costs means costs, charges, and taxes levied by a [party] in relation to the delivery of goods. Seen in 3 SEC filings
  • Freight Costs means the expenses associated with loading, shipping, transporting, and delivering the goods from a [place]. Seen in 2 SEC filings
  • Freight Costs means all direct and indirect costs, expenses and other amounts incurred in relation to the pick-up, shipment, delivery or other transportation of goods to a customer. This may include additional costs such as insurance and terminal fees. Seen in 2 SEC filings
  • Freight Costs means the total cost of shipping goods, including but not limited to weighing and demurrage charges. Seen in 1 SEC filing
  • Freight Costs means the actual freight costs directly associated with any shipment within a specified month. Seen in 1 SEC filing
  • Freight Costs means the cost to a shipper of a contract of carriage. This may include additional costs such as handling, loading, or discharging charges related to or from a ship, but does not involve costs associated with the contract of carriage itself. Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of freight costs' yourself to verify these results. We are always keen to point people to source documents.

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

Genie Definition 1

  • Freight Costs means all expenses related to the delivery of goods.

Relevant Contract Types

Relevant Circumstances

  • International shipping of goods
  • Domestic transportation of goods
  • Import and export operations
  • Rail, air, or sea freight

Relevant Sectors

Genie Definition 2

  • Freight Costs means fees incurred for handling, shipping, and transporting goods.

Relevant Contract Types

Relevant Circumstances

  • Services rendered by logistics companies
  • Cargo handling and management
  • Shipping goods via various modes of transport

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “Freight Costs" in your document? 

🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of 'Freight Costs'?

Freight Costs means all expenses related to the delivery of goods.

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