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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.
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.
Less-than-truckload shipping or less than load (LTL) is the transportation of an amount of freight sized between individual parcels and full truckloads. Parcel carriers handle small packages and freight that can be broken down into units less than approximately 150 pounds (68 kg). Full truckload carriers move entire semi-trailers. Semi-trailers ...
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.
In the warehousing industry, dimensioning is used to provide an overview of the volume items in stock which can reduce the costs of materials, return handling, shipping and manpower. It can also be used to determine capacity limits for storage to determine if additional storage requirements are needed at some point.
Material handling methods and equipment are independent of waving. Each set of methods (e.g., order picking, batch picking, bulk picking) and equipment (e.g., conveyor and sorter, ASRS, order picker , pallet jack , forklift ) will yield a different expected productivity rate for management to use in determining the number of staff-hours to ...
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