A Booking Fee is a charge applied by carriers or logistics providers to reserve space for cargo on a vessel, flight, or other mode of transportation.
This non-refundable fee covers administrative costs associated with processing and confirming the shipment reservation. It ensures that the carrier allocates the necessary space and resources for the shipper’s goods, facilitating efficient planning and scheduling.
In some cases, the booking fee may be credited towards the total shipping cost, but it often remains a separate charge. Understanding and factoring in booking fees is essential for accurately calculating overall logistics expenses.
This fee plays a crucial role in securing transportation, reducing the risk of delays or disruptions in the supply chain.
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