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Freight revenue refers to the income generated by transportation companies from shipping goods and materials. It encompasses charges for services such as freight transport, handling, and logistics. This revenue is a critical component of the overall financial performance of shipping firms, airlines, and railroads, reflecting the demand for their services in moving products across various distances. Essentially, it represents the monetary value of freight services provided to customers.

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2mo ago

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Indian railway earn the maximum revenue from where?

freight


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In shipping, 'RT' is an acronym for the term 'Revenue Ton'. This term is used to describe the measurement in which freight is shipped.


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Yes, there is a significant difference between revenue and expenditure in a freight forwarding business. Revenue refers to the income generated from services provided, such as shipping and logistics fees charged to customers. In contrast, expenditure encompasses the costs incurred in operating the business, including transportation fees, labor expenses, and overhead costs. Understanding this distinction is crucial for assessing the financial health and profitability of the business.


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There are several types of freight as below: Advance freight Lump freight Freight pro rata Part delivery Back freight


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What is the difference between freight prepaid abroad and freight prepaid?

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