How is ocean freight calculated?


Industry Encyclopedia

How is ocean freight calculated?

Ocean freight can be broken down into a base charge and multiple add-on charges. The base can vary depending on the nature of the shipment. In FCL the base charge would be a flat fee on the type of container in transit like 20 feet container, 40 feet container, etc. In case of LCL the cost is decided based on the whichever is greater between the weight of the cargo per 1000kgs or it’s volume per 1 cubic meter, known as weight or measure(w/m).