The most inexpensive way to calculate freight cost is to divide the total cost by the weight of the shipment. This will give you an estimate of the cost based on weight that you are planning to ship. You can then compare that to other companies who are offering the same service.
The air freight cargo rates therefore achieved a range of around $4 to $8 for every kilogram. During early 2023, the air freight rates across the world have decreased substantially to around $3 to $7 for every kilogram.
The formula for the chargeable weight or volume weight is: (length x height x width) / divisor = volume weight in kg. Notes: Lengths are measured in cm. The divisor is determined by the respective service provider.
It is computed by multiplying the shipment's length, width, and height by a volumetric factor, then dividing the result. A volumetric factor is used to translate a shipment's volume into its equal weight in kilogrammes. The cost of the shipping per kilogramme or per cubic metre is called the freight rate.
As shown in Table 1, nominal freight rates for road are about 9 cents/net tonne kilometre, rail 4 cents and sea 3 cents. The air rates in Table 1 are for an average of interstate routes (currently 184 cents per net tonne-kilometre). A mainland to Tasmania fare is also shown (18 cents).
Air freight, on the other hand, means the amount to be paid for the transportation of goods by air. When goods are shipped from one place to the other, the amount paid for the movement of the goods is called freight. Therefore, air freight means the charges paid for air transport.
In airfreight, standard carrier pricing is based on weight rather than volume. However, light loads take up much more space than their share of weight load and would be unprofitable for airlines to ship.
1 CBM converts to different weight values (kg) depending on the type of transport used: Air freight: 1 CBM = 167 kg. Road freight: 1 CBM = 333 kg. Sea freight: 1 CBM = 1,000 kg.
Most road freight, air freight services and airlines use a 6,000 divisor. To calculate the volumetric weight for a freight shipment, multiply the length x width x height in cm and divide by 6,000.
Length and Width. Maximum cargo dimensions for standard air freight are 2.44 x 3.15m (96 x 125 in). Longer/wider cargo can be transported but may need to be packed on special equipment. Outsize cargo may require special charter services.
Divide the shipping cost by the average inventory figure. Continuing the same example, $30,000 / $1,200,000 = 0.025 x 100 = 2.5 percent. This figure represents the shipping costs as a percentage of inventory.
Calculate the total freight costs by multiplying the applicable rate by the weight or volume of the shipment. Account for Additional Charges: Be aware of any potential additional charges that may arise during the transportation process, such as fuel surcharges, insurance fees, customs duties, or accessorial fees.
1 CBM to kg in air freight
The standard formula used is length (cm) x width (cm) x height (cm) ÷ 6000 = volume weight (KG)/1 CBM ≈ 166.6666 KG.
EQUIVALENCE: 1 CBM = 1.000 KG
10 packages, total weight kg.
The standard formula used is length (cm) x width (cm) x height (cm) ÷ 6000 = volumetric weight (KG)/1 CBM ≈ 166.6666 KG.
The computation for the air freight chargeable weight is the same as the road freight volumetric weight calculation, with just a conversion factor of 6000, instead of 5000. Therefore, start again by multiplying the length X width X height and divide by 6000 to get the volumetric weight for air freight of the parcel.
In order to be able to charge this difference equally, a conversion factor was called into life. With air freight, 1 cubic metre equals 167 kilos. With seaborne freight LCL, 1 cubic meter equals 1,000 kilos, while with road transport 1 cubic metre equals 333 kilos (measuring 3 times).
From pickup to delivery, the process is straightforward. Your logistics provider will coordinate with a local carrier to pick up at your warehouse or holding facility. Once the freight is loaded, the carrier will tender the shipment to the airport, where it will be put onto a plane.
It is a theoretical weight calculated using a minimum air cubic conversion factor chosen by the freight carrier. This is generally stated as 6000 cm3 = 1 kg or 1 cbm (cubic metre) = 167 kg.
The biggest drawback for shipping by air is the cost. Air freight can cost up to 20 times the cost of other modes. Key cost drivers include the plane's jet fuel, maintenance, labor and landing fees – adding up to one hefty price tag that typically makes it the most expensive shipping mode.
Here are the current rates for the most popular freight truck types: Overall average van rates vary from $2.30 – 2.86 per mile. Reefer rates are averaging $3.19 per mile, with the lowest rates being the Northeast at $2.47 per mile. Average flatbed rates average at $3.14 per mile.