Fixed Costs 2 : Costs that do not vary with the level of activity. Some fixed costs continue even if no cargo is carried. Terminal leases, rent and property taxes are fixed costs
US Department of Transportation, Maritime Administration, Glossary of Shipping Terms, Washington, DC, USA 2008. http://www.marad.dot.gov/documents/Glossary_final. pdf, (Mrtm - Amer) {572}