Creating Market Rates

Sell Prices or Market Rates are given by carriers to various clients in the market and are also applicable to all agents. Sell Prices are created in the Prices screen with a Price Group code STREET.

Depending on your system configuration, the Prices screen appears either as Prices KG if your units are in kilograms or Prices LB if your units are in pounds.

1. Navigate to the Sell Price (Prices) screen. You can do this by clicking Pricing > Sell Prices.
2. Click Add (Ins). Some fields are automatically populated based on the settings of the currently logged on user.
3. Complete the mandatory fields.
   1. Enter the three-letter ISO Currency Code of the currency used in the AWB.
   2. Enter the Issue Carrier or Carrier List code for which the rate applies.
   3. In Price Group, select the price group code for market rates. Typically, this is STREET.
   4. Enter the Origin and Destination where the rate applies. You can also enter the Origin Zone and Destination Zone if you want the rate to be applicable to a wider area.
   5. Select the Price Type or price template from the drop-down list. The Price Type selected determines the columns in the Weight Break table.
   6. Define the effectivity period of the rate. The Effective Date is the begin date of the effectivity of the price record. Optionally, you can also set the end date of the effectivity of the price record by entering Termination Date. You can select the date from the calendar by clicking beside Effective Date or Termination Date.
   7. Complete the Weight Break table.
4. Optional: You can use the other available fields to further refine the rate. Most of the fields limit the rate so that the rate is only applicable in specific situations.
5. Click OK.

The rate is saved. Once verified, the created rate is applied to shipments that satisfy the conditions specified in the rate.