base rate :

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base rate

  • n  the interest rate set by the Bank of England for lending to other banks
News & Articles

  • Con-way Freight to Raise LTL Rates 5.9 Percent
    Like Con-way, ABF, the sixth-largest LTL carrier, and UPS Freight, the fourth-largest, have already raised base rates 5.9 percent on average. FedEx Freight, the largest LTL carrier ranked by revenue, will raise rates by an average 4.5 percent July 1.
    June 12, 2013 - Journal of Commerce Online

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