A Booking Fee is a charge imposed by carriers or logistics providers for reserving space on a vessel, flight, or other mode of transportation for the shipment of goods.
The Booking Fee is a non-refundable cost associated with securing transportation for cargo. It covers administrative expenses related to processing and confirming the reservation. This fee ensures that the carrier or logistics provider allocates the necessary resources and space for the shipper’s goods, contributing to efficient planning and scheduling. In some cases, the booking fee may be applied towards the total shipping costs, but it often remains a separate charge. Understanding and budgeting for booking fees is essential for shippers to accurately calculate their overall logistics expenses. This fee helps guarantee that the shipment will be accommodated as planned, minimizing the risk of delays or disruptions in the supply chain.
Booking Fee