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A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck , ship , train , aircraft ), the weight of the cargo, and the distance to the delivery destination.
LBC Express, Inc. (previously known as Luzon Brokerage Corporation) (PSE: LBC) is a courier company based in the Philippines. It operates scheduled commercial vehicle cargo services in currently and planned cargo airline services begin on May 31, 2014.
U.S. Domestic: 166 cubic inches per pound (6,000 cm 3 /kg) or 1 ⁄ 6 kg/dm 3 (10 lb/cu ft) (Retail rates only, for all packages. Daily rates only, for packages equal to or less than one cubic foot / 1,728 cubic inches.) Canada Domestic: 139 cubic inches per pound (5,000 cm 3 /kg) or 1 ⁄ 5 kg/dm 3 (12 lb/cu ft) (All except UPS Standard within ...
The first freight forwarder to offer balikbayan box services was Rico Nunga, who started REN International in Los Angeles, California, in 1981. [7] [8] The following year, Ramón Ungco, a Filipino in New York City, founded Port Jersey Shipping International. [9]
In ordinary circumstances, long-haul equipment will weigh about 15,000 kg (33,069 lb), leaving about 20,000 kg (44,092 lb) of freight capacity. Similarly a load is limited to the space available in the trailer, normally 48 ft (14.63 m) or 53 ft (16.15 m) long, 2.6 m ( 102 + 3 ⁄ 8 in) wide, 9 ft 0 in (2.74 m) high and 13 ft 6 in or 4.11 m high ...
Containerizing makes cargo effectively more homogenous, like other bulk cargoes, and enables the same economies of scale. Moving cargo on and off ship in containers is much more efficient, allowing ships to spend less time in port. [5] Containerization, once widely accepted, reduced shipping and loading costs by 80% to 90%.