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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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pricing
Pricing is the process whereby a business sets 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 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 place. Price is the only revenue generating element amongst the four Ps, the rest being 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, quantity break, promotion or sales campaign, specific vendor quote, price prevailing o ... [...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 Postal Service, is an independent agency of the executive branch of the United States federal government responsible for providing postal service in the U.S., including its insular areas and associated states. It is one of the few government agencies explicitly authorized by the U.S. Constitution. The USPS, as of 2021, has 516,636 career employees and 136,531 non-career employees. The USPS traces its roots to 1775 during the Second Continental Congress, when Benjamin Franklin was appointed the first postmaster general; he also served a similar position for the colonies of the Kingdom of Great Britain. The Post Office Department was created in 1792 with the passage of the Postal Service Act. It was elevated to a cabinet-level department in 1872, and was transformed by the Postal Reorganization Act of 1970 into the U.S. Postal Service as an independent agency. Since the early 1980s, many dire ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corrugated Box Design
Corrugated box design is the process of matching design factors for corrugated fiberboard 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. In addition to the structural design discussed in this article, printed bar codes, labels, and graphic design are also vital. 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 particular logistics system being employed. For example, boxes unitized into a unit load on a pallet do not encounter individual handling while boxes sorted and shipped through part of ... [...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 wr ... [...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 passeng ... [...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 the 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 shipper's shipments and since each shipment is technically "less than a truckload" they would consider that to be LTL. Due to the bas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mettler Toledo
Mettler Toledo () is a multinational manufacturer of scales and analytical instruments. It is the largest provider of weighing instruments for use in laboratory, industrial, and food retailing applications. The company also provides various analytical instruments, process analytics instruments, and end-of-line inspection systems. The company operates worldwide with 70% of net sales, derived in equal parts, from Europe and from the Americas. Asian business is included in the remaining 30%. Mettler Toledo is headquartered in Switzerland and incorporated in the United States. 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 automatic computation which eliminated the risk of o ... [...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 provide ... [...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. Today, companies such as Tricolops and itRapidSize Dimensioner Mettler Toledo (acquired Cargoscan in 2000)BeeVision [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Plastic
Plastics are a wide range of synthetic or semi-synthetic materials that use polymers as a main ingredient. Their plasticity makes it possible for plastics to be moulded, extruded or pressed into solid objects of various shapes. This adaptability, plus a wide range of other properties, such as being lightweight, durable, flexible, and inexpensive to produce, has led to its widespread use. Plastics typically are made through human industrial systems. Most modern plastics are derived from fossil fuel-based chemicals like natural gas or petroleum; however, recent industrial methods use variants made from renewable materials, such as corn or cotton derivatives. 9.2 billion tonnes of plastic are estimated to have been made between 1950 and 2017. More than half this plastic has been produced since 2004. In 2020, 400 million tonnes of plastic were produced. If global trends on plastic demand continue, it is estimated that by 2050 annual global plastic production will reach over 1, ... [...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#equivalences, 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 doe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Book
A book is a medium for recording information in the form of writing or images, typically composed of many pages (made of papyrus, parchment, vellum, or paper) bound together and protected by a cover. The technical term for this physical arrangement is '' codex'' (plural, ''codices''). In the history of hand-held physical supports for extended written compositions or records, the codex replaces its predecessor, the scroll. A single sheet in a codex is a leaf and each side of a leaf is a page. As an intellectual object, a book is prototypically a composition of such great length that it takes a considerable investment of time to compose and still considered as an investment of time to read. In a restricted sense, a book is a self-sufficient section or part of a longer composition, a usage reflecting that, in antiquity, long works had to be written on several scrolls and each scroll had to be identified by the book it contained. Each part of Aristotle's ''Physics'' is called a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
