Freight Quote Formula:
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Definition: This calculator estimates shipping costs for Less Than Truckload (LTL) freight using FedEx's pricing model based on freight class, weight, and zone.
Purpose: It helps shippers and logistics professionals estimate transportation costs for partial load shipments.
The calculator uses the formula:
Where:
Explanation: The freight class represents commodity type, weight is actual shipment weight, and zone reflects distance traveled.
Details: Accurate freight quotes help with budgeting, pricing decisions, and logistics planning for businesses shipping partial loads.
Tips: Enter the freight class (50-500), weight in pounds, and zone (1-8). All values must be within specified ranges.
Q1: How do I determine my freight class?
A: Freight class (50-500) is based on commodity type, density, value, and handling requirements. FedEx provides a class lookup tool.
Q2: What are typical freight classes?
A: Common classes: 50 (dense freight), 70 (machinery), 85 (auto parts), 125 (electronics), 250 (furniture).
Q3: How are zones determined?
A: Zones (1-8) are based on distance from origin to destination. Zone 1 is local, Zone 8 is longest distance.
Q4: Does this include additional fees?
A: No, this is base rate only. Fuel surcharges, accessorial fees, and other charges may apply.
Q5: Is this calculator accurate for all shipments?
A: This provides an estimate. Actual quotes may vary based on exact dimensions, special handling, and current rates.