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In fact, UPS [1] and FedEx [2] both announced that starting 2015, shipping charges on all shipments (air and ground) will be determined by greater of the actual weight and dimensional weight of a package. Prior to this announcement, dimensional weight charges were only applicable to packages of a specific size range.
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.
This term in typically used in conjunction with LOA (Length overall; see below). The ratio of LOA/BOC is used to estimate the stability of multihull vessels. The lower the ratio, the greater the vessel's stability. Carlin – Similar to beam, except running in a fore and aft direction.
Tonnage is a measure of the capacity of a ship, and is commonly used to assess fees on commercial shipping.The term derives from the taxation paid on tuns or casks of wine. In modern maritime usage, "tonnage" specifically refers to a calculation of the volume or cargo volume of a ship.
Since gross tonnage is a bijective function of ship volume, it has an inverse function, namely ship volume from gross tonnage, but the inverse cannot be expressed in terms of elementary functions. A root-finding algorithm may be used for obtaining an approximation to a ship's volume given its gross tonnage. The formula for exact conversion of ...
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Gross register tonnage (GRT, grt, g.r.t., gt), or gross registered tonnage, is a ship's total internal volume expressed in "register tons", each of which is equal to 100 cubic feet (2.83 m 3).
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