What is freight agreement in SAP TM - Transportation Management?

SAP Term: freight agreement

• Component: TM

• Component Name: Transportation Management

• Description: A long-term contract that represents the contractual relationship with a carrier from whom you are buying transportation services.

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• Key Concepts: 
  A freight agreement is a contract between a shipper and a carrier that outlines the terms and conditions of the transportation services provided. It is used in SAP Transportation Management (TM) to define the cost of shipping goods from one location to another. The agreement includes details such as the type of goods, the route, the cost, and any additional services that may be required. 
  
  How to use it: 
  In SAP TM, freight agreements are used to define the cost of shipping goods from one location to another. The agreement includes details such as the type of goods, the route, the cost, and any additional services that may be required. The agreement can be used to calculate shipping costs for both inbound and outbound shipments. 
  
  Tips & Tricks: 
  When creating a freight agreement in SAP TM, it is important to ensure that all details are accurate and up-to-date. This will help ensure that the cost of shipping is accurately calculated and that any additional services are included in the agreement. 
  
  Related Information: 
  For more information on freight agreements in SAP TM, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_TM/9.6/en-US/f3d7f8a2b7c14e8a9f3d7f8a2b7c14e8a.html