Get RCTS Carrier Rate Confirmation

A rate confirmation is a key component in any freight contract. It is a document that includes all the agreed-upon rates for shipping services, and is signed by both the shipper and carrier.

The freight rate confirmation is an agreement between the shipper, third-party provider, if present, and carrier that details the shipment rates. All brokers must provide rate confirmations to carriers before pick-up. That critical function helps to avoid surprises in billing.

The freight rate confirmation is an agreement between the shipper, third-party provider, if present, and carrier that details the shipment rates. All brokers must provide rate confirmations to carriers before pick-up. That critical function helps to avoid surprises in billing.

The process of confirming load and delivery is similar to that of confirming a load. You begin by reviewing the quantity loaded, then you confirm the load and the delivery of the product. Typically, you confirm load and delivery when you have customers picking up product at the depot.

A rate confirmation is an agreement of pay between the freight broker and carrier that is legally binding. A freight broker must provide a rate confirmation for the carrier to sign before proceeding.

In its most basic form, the broker-carrier agreement is a contract between two or more parties that details legally enforceable mutual obligations. Going a little deeper into Law 101, that enforceable contract must contain mutual assent, expressed by a valid offer and acceptance.

The term “rate con” (short for rate confirmation) is a legally binding agreement between a freight broker and a carrier that the freight broker must provide for the carrier to sign before proceeding.