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Dimensional weight, also known as volumetric weight, is a pricing technique for commercial freight transport (including courier and postal services), which uses an estimated weight that is calculated from the length, width and height of a package. The shipping fee is based upon the dimensional weight or the actual weight, whichever is greater.
Many shipping services, especially air carriers, use dimensional weight for calculating the price, which takes into account both weight and volume of the cargo. For example, bulk coal long-distance rates in America are approximately 1 cent/ton-mile. [2] So a 100 car train, each carrying 100 tons, over a distance of 1000 miles, would cost $100,000.
United Parcel Service, Inc. (UPS) is an American multinational shipping & receiving and supply chain management company founded in 1907. [1] Originally known as the American Messenger Company specializing in telegraphs, UPS has expanded to become a Fortune 500 company [6] and one of the world's largest shipping couriers.
TForce Freight, a subsidiary of TFI International, is an American less than truckload (LTL) freight carrier based in Richmond, Virginia. [1] The company was founded in 1935 as Overnite Transportation, [2] the name it used until 2006 when it was rebranded UPS Freight by new owner UPS.
ISO 668 – Series 1 freight containers – Classification, dimensions and ratings is an ISO international standard which nominally classifies intermodal freight shipping containers, and standardizes their sizes, measurements and weight specifications. [1] The current version of the standard is the Seventh edition (2020), which integrates ...
Specialized shipping containers include: high cube containers (providing an extra 1 ft (305 mm) in height to standard shipping containers), pallet wides, open tops, side loaders, double door or tunnel-tainers, and temperature controlled containers. Another specialized container, known as Transtainer, is a portable fuel and oil freight container.
Net tonnage is used to calculate the port duties and should not be taken as less than 30 per cent of the ship's gross tonnage. [2] Net tonnage is not a measure of the weight of the ship or its cargo, and should not be confused with terms such as deadweight tonnage or displacement. Also, unlike the net register tonnage, the net tonnage is ...
Several factors affect the cost to move a bulk cargo by ship. The bulk freight market is very volatile, with the type of cargo, size of the vessel, and the route traveled all affecting the final price. Moving a capesize load of coal from South America to Europe cost anywhere from $15 to $25 per ton in 2005. [53]