21. The result is industry overcapacity and falling freight rates . 22. Freight rates dropped to fifty cents per ton for shipments from Portland to Oregon City.23. The committee concluded that a canal would regulate railroad freight rates ( Yeater 3 ). 24. We are already penalized stiffly by freight rates because there is less air traffic here, 25. Freight rates are to be lowered, while passenger fares-now far below costs-will be gradually increased.26. Higher air freight rates in the offing', BUSINESS TIMES 27. Freight rates were $ 5 per 100 pounds.28. Shipping markets are driven by freight rates , which can move up, move down or remain unchanged. 29. However, cutbacks by container shippers actually increased freight rates in the second half of last year. 30. Handelsbanken Markets in Oslo sees tanker freight rates rising 20 percent in the next 12 months.