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Freight rate. 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.
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 shipping fee is based upon the dimensional weight or the actual weight, whichever is greater.
Although drayage is a very small component (both in terms of time and distance) of the supply chain, its cost and potential problems can be disproportionately high. In intermodal freight transport, marine drayage is the transport of containerized cargo by specialized trucking companies between ocean ports or rail ramps and shipping docks.
Friction of distance. Friction of distance is a core principle of geography that states that movement incurs some form of cost, in the form of physical effort, energy, time, and/or the expenditure of other resources, and that these costs are proportional to the distance traveled. This cost is thus a resistance against movement, analogous (but ...
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A second attempt to auction the family home of Myanmar's imprisoned former leader Aung San Suu Kyi failed on Thursday after no bidders showed up, likely deterred by the court-ordered asking price ...
Cost distance analysis. In spatial analysis and geographic information systems, cost distance analysis or cost path analysis is a method for determining one or more optimal routes of travel through unconstrained (two-dimensional) space. [1] The optimal solution is that which minimizes the total cost of the route, based on a field of cost ...
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 ...
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