freight rate vs rate

freight rate and rate both are nouns.

Word	Noun	Adjective	Verb	Adverb
freight rate	Yes	No	No	No
rate	Yes	No	Yes	No

As nouns, rate is a hypernym of freight rate; that is, rate is a word with a broader meaning than freight rate:

Other hypernyms of freight rate include charge per unit.

freight rate (noun)	rate (noun)
the charge for transporting something by common carrier	the relative speed of progress or change
	amount of a charge or payment relative to some basis
	a quantity or amount or measure considered as a proportion of another quantity or amount or measure
	a magnitude or frequency relative to a time unit

freight rate (verb)	rate (verb)
	assign a rank or rating to
	estimate the value of
	be worthy of or have a certain rating