Glossary · Ocean
Negotiated rate arrangement (NRA)
In the United States, a non-vessel-operating common carrier (NVOCC) may enter into a negotiated rate arrangement (NRA) when it is granted an exception from certain tariff rate publication requirements.
NVOCCs may enter into negotiated rate arrangements when provided exception from certain tariff rate publication requirements.
See also
More ocean terms
- Bill of lading (B/L)
- Bunker adjustment factor (BAF)
- Claused bill of lading
- Clean bill of lading
- Common carrier
- Container yard (CY)
Go further
- What terminal handling charges (THC) cover
- Demurrage vs detention
- CBM calculator
- Chargeable weight calculator
Definitions are general information, not legal advice. Rules differ by country; check the source and the current regulation before you act on one.