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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. So a 100 car train, each carrying 100 tons, over a distance of 1000 miles, would cost $100,000.
U.S. Domestic: 139 cubic inches per pound (5,000 cm 3 /kg) or 1 ⁄ 5 kg/dm 3 (12 lb/cu ft) (Daily rates only, for packages that exceed one cubic foot / 1,728 cubic inches.) U.S. Domestic: 166 cubic inches per pound (6,000 cm 3 /kg) or 1 ⁄ 6 kg/dm 3 (10 lb/cu ft) (Retail rates only, for all packages. Daily rates only, for packages equal to or ...
MISC Berhad ( MYX: 3816) was incorporated in 1968 as Malaysia International Shipping Corporation Berhad and is the leading international shipping line of Malaysia. In September 2005, Malaysia International Shipping Corporation Berhad adopted its present corporate identity and changed its name to MISC Berhad.
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This railroad can typically deliver containers in 1/3 to 1/2 of the time of a sea voyage, and in late 2009 announced a 20% reduction in its container shipping rates. With its 2009 rate schedule, the TSR will transport a forty-foot container to Poland from Yokohama for $2,820, or from Pusan for $2,154.
A forward freight agreement ( FFA) is a financial forward contract that allows ship owners, charterers and speculators to hedge against the volatility of freight rates. It gives the contract owner the right to buy and sell the price of freight for future dates. FFAs are built on an index composed of a shipping route for tanker or a basket of ...