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  2. Worldscale - Wikipedia

    en.wikipedia.org/wiki/Worldscale

    Worldscale. Worldscale is a unified system of establishing payment of freight rate for a given oil tanker 's cargo. Worldscale was established in November 1952 by London Tanker Brokers' Panel on the request of British Petroleum and Shell as an average total cost of shipping oil from one port to another by ship. A large table was created as result.

  3. General average - Wikipedia

    en.wikipedia.org/wiki/General_average

    The law of general average is a principle of maritime law whereby all stakeholders in a sea venture proportionately share any losses resulting from a voluntary sacrifice of part of the ship or cargo to save the whole in an emergency. For instance, should the crew jettison some cargo overboard to lighten the ship in a storm, the loss would be ...

  4. Free shipping - Wikipedia

    en.wikipedia.org/wiki/Free_shipping

    This figure has been consistent for the last few years (ranging between 58% and 69%). Moreover, US respondents asked in the survey listed free shipping (54% mentions) as a most important factor for online shipping. Next in line were exclusive online deals (23%), no sales tax (10%), fast shipping (9%) and in store pickup (5%).

  5. Freight rate - Wikipedia

    en.wikipedia.org/wiki/Freight_rate

    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.

  6. 7 Free Shipping Options That Are Good For Customers and ... - AOL

    www.aol.com/2011/07/26/7-free-shipping-options...

    Online retailing is big business these days, with the top 500 Internet retailers growing by an average of 18% in 2011. E-commerce currently makes up about 8% of all retail sales, and that number ...

  7. Free Shipping Day - Wikipedia

    en.wikipedia.org/wiki/Free_Shipping_Day

    In 2011, Free Shipping Day became a billion-dollar shopping holiday with $1.072 billion in sales, followed by $1.01 billion during Free Shipping Day 2012. In 2013, Knowles changed the format of Free Shipping Day to only include merchants that could waive all minimum order requirements and guarantee delivery by Christmas Eve.

  8. Dimensional weight - Wikipedia

    en.wikipedia.org/wiki/Dimensional_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.

  9. Degrees of freedom (statistics) - Wikipedia

    en.wikipedia.org/.../Degrees_of_freedom_(statistics)

    In statistics, the number of degrees of freedom is the number of values in the final calculation of a statistic that are free to vary. [1] Estimates of statistical parameters can be based upon different amounts of information or data. The number of independent pieces of information that go into the estimate of a parameter is called the degrees ...