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The concept of dimensional weight has been adopted by the transportation industry worldwide as a uniform means of establishing a minimum charge for the cubic space a package occupies. 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 ...
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.
Transportation density can be defined as the payload per period, say passenger / day or tonne / day. This can be used as the measure of intensity of the transportation on a particular section or point of transportation infrastructure, say road or railway. This can be used in comparison with the construction, running costs of the infrastructure.
The audit, especially post-audit of ocean freight charges from 2021,2022 and 2023 are vital to each Shipper organization. In the United States, there is a 3-year statute of limiations enabling importers and exporters a unique opportunity to secure refund reparations from the logistics vendors who have incorrectly compiled their invoices.
If you travel for your business (including conferences) — you can deduct 50% of meals costs plus 100% of the cost of flights, hotels and transportation. There are some limitations — meals must ...
Railway costing is the calculation of the variable and fixed costs of rail movements. Variable costs are those that increase or decrease with changes in the traffic volumes or service levels and include fuel, maintenance and train crew costs, for example.
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