Volume Weight (Volumetric Weight)
A calculated weight that reflects the space a shipment occupies rather than its actual weight.
Definition
A calculated weight that reflects the space a shipment occupies rather than its actual weight. Airlines courier companies and some ocean carriers use Volume Weight to determine shipping costs especially for lightweight but bulky items. Volume Weight is calculated by multiplying the shipment's dimensions (length x width x height) by a specific divisor which varies by carrier. Shippers are typically charged based on whichever is greater: actual weight or volume weight
Related Terms
Value-Added Tax (VAT)
A consumption tax imposed on goods and services at each stage of production and distribution.
Vanning
The process of loading cargo into a shipping container in preparation for transport.
Vessel Schedule
A published timetable that outlines the planned arrival and departure times of ships at designated ports.
Actual Gross Weight
The total weight of a shipment including the product itself packaging materials pallets and any other shipping aids.
Accessorial Fees
Additional fees charged by carriers for services beyond standard transportation.
Advanced Manifest System (AMS)
A U.S. Customs system that requires cargo data (such as shipper consignee and cargo details) to be electronically submitted prior to a vessel's arrival.
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