8 major international trade terms for ocean shipping: 1. EXW (Ex Works), 2. FOB (Free On Board), 3. CFR (Cost and Freight), 4. CIF (Cost, Insurance and Freight), 5. CPT (Carriage Paid To), 6. CIP (Carriage and Insurance Paid To), 7. DAP (Delivered At Place), 8. DDP (Delivered Duty Paid).

Freight shipping, as the name suggests, refers to the transportation of goods. It includes the entire process of transporting goods from one location to another. This process involves a variety of modes of transportation, such as sea, air, land and rail transportation.

The basic freight rate usually includes the basic service fees of the transportation company, such as transportation, loading and unloading, warehousing, etc., as well as other transportation-related costs such as insurance premiums, fuel surcharges, etc.