Ready for an easier solution for finding out the fiscal performance of your shipping company? BOTE CHARTS™ (patent pending) is the answer.
A Final Rate Charge or Bottom Line Rate is based upon the Base Ocean Freight (defined by the a Tariff Line Item (TLI)) and Rule Ancillary and Surcharges that calculate additionals such as Bunker Surcharges, Documentation Fee, Terminal Handling Fees, Local Drayage to name just a few. BOTE Charts permits the user to monitor on an ongoing basis the base ocean freight rate versus the level of retained charges in order to determine level of retention on these added surcharges. Further, Bote Charts identifies the percentage of ocean freight to those surcharges in order to determine movement both at the ocean freight rate level and surcharge level. Additionally you can monitor this information based on port pair, port group, commodity, equipment and interval basis.
BASED ON FILED RATES
BOTE CHARTS™(Patent Pending) has taken the opportunity to use the filed rate levels on an ongoing basis to return to the user a current and historical portrayal of rate variance. This is unlike any product available in the market today in that it offers a 24/7 snapshot of the rate fluctuation impacting trade specific equipment and commodities. The index will indicate the cargoes moving and their rate levels. They will provide insight into the base ocean freight levels as well as the surcharge effect of those rates. Finally, real analysis with real information as it occurs within the trade and detail real rates.
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