What’s in this Freight Paper?
- Definition of an “FAK” in the shipping industry
- What it takes to qualify for a freight “FAK”
- What to look for when it comes to an “FAK”
We have some customers that come to us wondering what exactly an “FAK” is in LTL freight shipping. Though it’s a bit of a specialized term, that doesn’t mean it’s complicated. In this Freight Paper, we’re going to supply you with all the information you’ll need to understand what FAK shipping is, if you’re eligible for one, and how to get one.
What is an FAK?FAK stands for “Freight of All Kinds.” It’s a pricing tool used by most LTL carriers, and it groups freight class ranges so that they are billed or rated at the same class. For instance, if you have an FAK range for items shipped classes 60 to 92.5, under your FAK all of those items (regardless of their actual class) will be billed at class 60. Generally speaking, this saves you money.
Why would I get an FAK?There are two ways that getting an FAK with a particular carrier can help your LTL shipping. The first is that it can save you money. Shipping items of a lower class is generally cheaper than a higher class. The second way that an FAK can make shipping life easier is if you are shipping a wide range of products. Instead of memorizing all of the item’s different classes and shipping them accordingly, all of the items (once again, regardless of their initial, real class) will be shipped under the same, FAK-negotiated class.
How do I get an FAK?Similar to Customer Specific Pricing, not everyone will be eligible to get an FAK. To make sure that it’s worth it from a carrier’s perspective, you’ll need to be moving a large amount of freight on a daily basis. FAK shipping are also excellent for shippers moving lots of freight under varying classes. There’s no exact specifications needed to get FAK rates and pricing, so if you think you might be eligible, contact a FreightPro and we’ll be able to help you. And be sure to download all of our Freight Papers on our website. You can also call us at 888-297-6968.
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FAK (Freight of All Kinds) Explained » Post
|Date:||January 18, 2015|