„Differential“

What does Differential stand for?

An amount added to or deducted from a base shipping freight rate between two given locations to determine a new rate to or from some other point or via another route.

Source:

“Transportation: A Supply Chain Perspective” by John J. Coyle, C. John Langley, Robert A. Novack, Brian Gibson. South-Western College Pub, 2016, Page 267.

Economic Theories and ConceptsView all items
Something is not correct?Let us know!