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The 35.1 pounds is the 'theoretical" weight of the package if it had a density of 166 in 3 /lb or 10.4 lb/ft 3: (18 × 18 × 18) = 3.375 ft 3 × 10.4 lb/ft 3 = 35.1 lb. Note that for the USPS there are two different calculations for DIM weight: (L × W × H)/194 for domestic shipments and (L × W × H)/166 for international shipments.
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.
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FedEx Ground is the division's core package delivery service which delivers daily to all 50 US states with delivery timeframes of 1-5 days for the Contiguous United States and 3-7 days for Alaska and Hawaii. Its FedEx International Ground service ships packages between the United States and Canada and within Canada. [13]
FedEx Express is also the world's largest express transportation company. [4] A FedEx Express Boeing 737-800(BCF) operated by European airline ASL Airlines Belgium. The company's global "SuperHub" is located at Memphis International Airport. [5] In the United States, FedEx Express has a national hub at Indianapolis International Airport.
FedEx Supply Chain, [3] [4] formerly known as GENCO (General Commodities Warehouse & Distribution Co.) is a major third-party logistics (3PL) provider in the United States and Canada. [5] It serves various industries, including: technology & electronics, retail & e-commerce, consumer & industrial goods, and healthcare industries.
The Freightos International Freight Index was first launched as a weekly freight index in early 2017. [7] The Freightos Baltic Index has been in wide use since 2018. [8] It is currently the only freight rate index that is issued daily, and is also the only IOSCO-compliant freight index that is currently regulated by the EU (in particular, the European Securities and Markets Authority).
The acquisition was made to expand FedEx's retail access to the general public. After the acquisition, all FedEx Kinko's locations offered only FedEx shipping. [6] In June 2008, FedEx announced that they would be dropping the Kinko's name from their ship centers; FedEx Kinko's would now be called FedEx Office.
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