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The vast majority of containers moved by large, ocean-faring container ships are 20-foot (1 TEU) and 40-foot (2 TEU) ISO-standard shipping containers, with 40-foot units outnumbering 20-foot units to such an extent that the actual number of containers moved is between 55%–60% of the number of TEUs counted. [1]
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.
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).
An intermodal container, often called a shipping container, or cargo container, (or simply "container") is a large metal crate designed and built for intermodal freight transport, meaning these containers can be used across different modes of transport – such as from ships to trains to trucks – without unloading and reloading their cargo. [1]
40 foot containers on the BNSF line through La Crosse. There are five common standard lengths: 20 ft (6.10 m) 40 ft (12.19 m) 45 ft (13.72 m) 48 ft (14.63 m) 53 ft (16.15 m) US domestic standard containers are generally 48 ft (14.63 m) and 53 ft (16.15 m) (rail and truck).
A few ships (APL since 2007, [44] Carrier53 since 2022 [45]) can carry 53 foot containers. 40 foot containers are the primary container size, making up about 90% of all container shipping and since container shipping moves 90% of the world's freight, over 80% of the world's freight moves via 40 foot containers.
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Container port draft depths and air drafts Port Draft depth Air draft Port of Miami: 43 feet (13 m) Unlimited Port Everglades: 43 feet (13 m) Unlimited Port of Palm Beach: 36 feet (11 m) Unlimited Port of Jacksonville: 47 feet (14 m) 175 feet (53 m) Port of Savannah: 47 feet (14 m) 185 feet (56 m) Port of Charleston: 52 feet (16 m) 186 feet (57 m)
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