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Volumetric Weight
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. Significance Shipping costs have historically been calculated on the basis of gross weight in kilograms or pounds. By charging only by weight, lightweight, low density packages become unprofitable for freight carriers due to the amount of space they take up in the truck/aircraft/ship in proportion to their actual weight. 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 and FedEx both announced that starting 2015, shipping charges on all shipments (air and ground) will be determined by grea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pricing
Pricing is the Business process, process whereby a business sets and displays the price at which it will sell its products and services and may be part of the business's marketing plan. In setting prices, the business will take into account the price at which it could acquire the goods, the manufacturing cost, the marketplace, competition, market condition, brand, and quality of the product. Pricing is a fundamental aspect of product management and is one of the four Ps of the marketing mix, the other three aspects being product, promotion, and Distribution (business), place. Price is the only revenue generating element among the four Ps, the rest being cost center (business), cost centers. However, the other Ps of marketing will contribute to decreasing price elasticity and so enable price increases to drive greater revenue and profits. Pricing can be a manual or automatic process of applying prices to purchase and sales orders, based on factors such as a fixed amount, quantit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
USPS
The United States Postal Service (USPS), also known as the Post Office, U.S. Mail, or simply the Postal Service, is an independent agency of the executive branch of the United States federal government responsible for providing postal service in the United States, its insular areas and associated states. It is one of a few government agencies explicitly authorized by the Constitution of the United States. As of March 29, 2024, the USPS has 525,377 career employees and nearly 114,623 pre-career employees. The USPS has a monopoly on traditional letter delivery within the U.S. and operates under a universal service obligation (USO), both of which are defined across a broad set of legal mandates, which obligate it to provide uniform price and quality across the entirety of its service area. The Post Office has exclusive access to letter boxes marked "U.S. Mail" and personal letterboxes in the U.S., but has to compete against private package delivery services, such as United ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corrugated Box Design
Corrugated box design is the process of matching design factors for corrugated fiberboard (sometimes called corrugated cardboard) or corrugated plastic boxes with the functional physical, processing and end-use requirements. Packaging engineers work to meet the performance requirements of a box while controlling total costs throughout the system. Corrugated boxes are shipping containers used for transport packaging and have important functional and economic considerations. In addition to the structural design, printed bar codes, labels, and graphic design can also be important. Functions Corrugated boxes are used frequently as shipping containers. Boxes need to contain the product from manufacturing through distribution to sale and sometimes end-use. Boxes provide some measure of product protection by themselves but often require inner components such as cushioning, bracing and blocking to help protect fragile contents. The shipping hazards depend largely upon the partic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unit Load
The term unit load refers to the size of an assemblage into which a number of individual items are combined for ease of storage and handling, for example a pallet load represents a unit load which can be moved easily with a pallet jack or forklift truck, or a container load represents a unit for shipping purposes. A unit load can be packed tightly into a warehouse rack, intermodal container, truck or boxcars, yet can be easily broken apart at a distribution point, usually a distribution center, wholesaler, or retail store for sale to consumers or for use. Function Most consumer and industrial products move through the supply chain in unitized or unit load form for at least part of their distribution cycle. Unit loads make handling, storage, and distribution more efficient. They help reduce handling costs and damage by reducing individual handling. A typical unit load might consist of corrugated fiberboard boxes stacked on a pallet or slip sheet and stabilized with stretch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Load Factor (transportation)
Passenger load factor, or load factor, measures the capacity utilization of public transport services like airlines, passenger railways, and intercity bus services. It is generally used to assess how efficiently a transport provider fills seats and generates fare revenue. According to the International Air Transport Association, the worldwide load factor for the passenger airline industry during 2015 was 79.7%. Overview Passenger load factor is an important parameter for the assessment of the performance of any transport system. Almost all transport systems have high fixed costs, and these costs can only be recovered through selling tickets. Airlines often calculate a load factor at which the airline will break even; this is called the break-even load factor. At a load factor lower than the break even level, the airline will lose money, and above will record a profit. The environmental performance of any transport mode improves as the load factor increases. The weight of passen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Less Than Truckload Shipping
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 . Full truckload carriers move entire semi-trailers. Semi-trailers are typically between and require a substantial amount of freight to make such transportation economical. The term ''LTL'' can refer to the freight itself, or to the carrier that transports such freight. LTL operations vs. FTL operations Full truck load (FTL) carriers typically haul loads for one single shipper. In these cases, the shipper "rents" a trailer to transport their product where it needs to go, typically paying a "per mile rate" from the carrier. However, with LTL, a single trailer can carry several different shippers' shipments and since each shipment is technically "less than a truckload" they would consider that to be LTL. Due to the basic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mettler Toledo
Mettler Toledo, stylized in all caps, is a multinational corporation, multinational supplier of precision instruments and services. The company focuses on laboratory, industrial, product inspection, and food retailing applications. Its products are used in research, quality control, and manufacturing processes in life sciences, food, chemical, and many other industries. The company's business is geographically diversified, with sales in 2023 derived 41% from North and South America, 27% from Europe, and 32% from Asia and other countries. The company’s global workforce consists of 17,300 employees as of December 31, 2023. Formation and history Toledo Scale Company Allen DeVilbiss, Jr. (1873-1911) was an inventor who lived in Toledo, Ohio, United States. He became interested in the concept of weighing machines, and conceived the idea of an automatic computing pendulum scale. He was able to prove his concept with a local butcher, who realized that customers appreciated the aut ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dimensioning
Dimensioning is the process of measuring either the area or the volume that an object occupies. It is the method of calculating capacity for the storage, handling, transporting and invoicing of goods. Vehicles and storage units have both volume and weight capacity limits and can easily become full in terms of volume before they reach their capacity in weight. By dimensioning for capacity needs, companies and warehouses can make optimal use of space in order to minimize costs in order to maximize profits. Background In 1985, the Norwegian company Cargoscan, which officially became part of the Mettler Toledo group in 2000, began supplying dimensioners and data capture products to transport and logistics companies around the world. The aim was to provide the industry with a system for revenue recovery and protection. It seemed that if carriers were to take both weight and volume into consideration when invoicing, they could charge customers more fairly according to services provided ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dimensioners
Dimensioners are weighing and volume measuring systems for measuring three-dimensional or cuboid-shaped objects such as packages, parcels, pallets, cartons and boxes. They are frequently used as part of a much larger logistical system in a distribution center, warehouse or trucking terminal facility. By knowing exactly how much space a parcel, object or pallet will occupy, warehouses and shipping companies are able optimize the space available to them. History Dimensioners first appeared on the market in 1985 when a Norwegian company named Cargoscan saw a gap between carriers' income and their potential income and began producing dimensioning and data capture solutions for companies all over the world. Since then, automated dimensioning solutions produced by different manufacturers have come to market. There are various technologies used in dimensioning devices varying from point distance sensors to 3D-cameras. Types of Dimensioning Equipment Large Freight Dimensioners Al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Plastic
Plastics are a wide range of synthetic polymers, synthetic or Semisynthesis, semisynthetic materials composed primarily of Polymer, polymers. Their defining characteristic, Plasticity (physics), plasticity, allows them to be Injection moulding, molded, Extrusion, extruded, or Compression molding, pressed into a diverse range of solid forms. This adaptability, combined with a wide range of other properties such as low weight, durability, flexibility, chemical resistance, low toxicity, and low-cost production, has led to their widespread use around the world. While most plastics are produced from natural gas and petroleum, a growing minority are produced from renewable resources like polylactic acid. Between 1950 and 2017, 9.2 billion metric tons of plastic are estimated to have been made, with more than half of this amount being produced since 2004. In 2023 alone, preliminary figures indicate that over 400 million metric tons of plastic were produced worldwide. If global trends ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paperboard
Paperboard is a thick paper-based material. While there is no rigid differentiation between paper and paperboard, paperboard is generally thicker (usually over 0.30 mm, 0.012 in, or 12 Inch#Equivalents, points) than paper and has certain superior attributes such as foldability and rigidity. According to International Organization for Standardization, ISO standards, paperboard is a paper with a grammage above 250 g/m2, but there are exceptions. Paperboard can be single- or multi-ply. Paperboard can be easily cut and formed, is lightweight, and because it is strong, is used in packaging. Another end-use is high quality graphic printing, such as book and magazine covers or postcards. Paperboard is also used in fine arts for creating sculptures. Sometimes it is referred to as ''cardboard'', which is a generic, lay term used to refer to any heavy pulp (paper), paper pulp–based board, however this usage is deprecated in the paper, printing, and packaging industries as it does not ade ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Book
A book is a structured presentation of recorded information, primarily verbal and graphical, through a medium. Originally physical, electronic books and audiobooks are now existent. Physical books are objects that contain printed material, mostly of writing and images. Modern books are typically composed of many pages bound together and protected by a cover, what is known as the '' codex'' format; older formats include the scroll and the tablet. As a conceptual object, a ''book'' often refers to a written work of substantial length by one or more authors, which may also be distributed digitally as an electronic book ( ebook). These kinds of works can be broadly classified into fiction (containing invented content, often narratives) and non-fiction (containing content intended as factual truth). But a physical book may not contain a written work: for example, it may contain ''only'' drawings, engravings, photographs, sheet music, puzzles, or removable content like ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
