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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.
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 Baltic Dry Index (BDI) is a shipping freight-cost index issued daily by the London-based Baltic Exchange. The BDI is a composite of the Capesize, Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.
International DTD is a service provided by many international shipping companies and may feature intermodal freight transport using containerized cargo. The quoted price of this service includes all shipping, handling, import and customs duties, making it a hassle-free option for customers to import goods from one jurisdiction to another.
The domestic supply price farmers receive in Egypt is E£1,200 (US$211) per ton compared to approximately E£1,940 (US$340) per ton for import from the US, Egypt's main supplier of wheat and corn. Egypt is the U.S.'s largest market for wheat and corn sales, accounting for US$1 billion annually and about 46% of Egypt's needs from imported wheat.
The French representative to the UN, for example, announced that an attempt to interfere with free shipping in the Straits would be against international law, and American President Dwight Eisenhower went so far as publicly to recognize that reimposing a blockade in the Straits of Tiran would be seen as an aggressive act which would oblige ...
As desperate Palestinians in sealed-off Gaza try to find refuge under Israel’s relentless bombardment in retaliation for Hamas' brutal Oct. 7 attack, some ask why neighboring Egypt and Jordan ...
The Suez Canal is a major waterway for international commerce and navigation, linking the Mediterranean and Red Sea. Major ports are Alexandria, Port Said, Damietta on the Mediterranean and Suez and Safaga on the Red Sea. With regards to driving, Egypt has one of the highest incidents of road fatalities, per miles driven, in the world. [1]
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