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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.
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.
The international parcel service, which allowed the orderly shipment of mailed packages and parcels from one country to another according to predetermined rates, was established by the Universal Postal Union on 1 October 1881 (Great Britain, India, The Netherlands and Persia, 1 April 1882), following the agreement of 1880 in Paris during a three-week conference on the subject. [2] The service ...
DHL is a German logistics company headquartered in Bonn, Germany. [5] It provides courier, package delivery and express mail service, delivering over 1.7 billion parcels per year. [6] A subsidiary of the German logistics firm DHL Group, its express mail service DHL Express is one of the market leaders for parcel services in Europe. DHL Express is Germany's main international courier and parcel ...
United Parcel Service, Inc. (UPS) is an American multinational shipping & receiving and supply chain management company founded in 1907. [ 1 ] Originally known as the American Messenger Company specializing in telegraphs, UPS has expanded to become a Fortune 500 company [ 6 ] and one of the world's largest shipping couriers.
FOB (shipping) FOB (free on board) is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce. FOB is only used in non-containerized sea freight or ...
Freight transport, also referred as freight forwarding, is the physical process of transporting commodities and merchandise goods and cargo. [1] The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air (International English: "carriage") as well.
Package forwarding, also called parcel forwarding, is an international shipping service offered by shipping companies to international online shoppers who want to do cross-border online shopping. Package forwarding is becoming more and more popular among international shoppers because of the high growth rate of e-commerce websites and shipping ...
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