Freight Cost Formula:
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Definition: This calculator estimates the shipping cost for Less Than Truckload (LTL) freight using FedEx based on density, weight, and rate.
Purpose: It helps businesses and individuals estimate shipping costs for partial truckload shipments.
The calculator uses the formula:
Where:
Explanation: The density, weight, and rate are multiplied to determine the total shipping cost.
Details: Accurate cost estimation helps with budgeting, comparing carriers, and optimizing shipping strategies.
Tips: Enter the density in lb/cu ft, weight in pounds, and rate in USD. All values must be > 0.
Q1: How do I find my shipment's density?
A: Divide the weight (lb) by volume (cu ft). Measure dimensions and use (Length × Width × Height)/1728 for cubic feet.
Q2: Where can I find FedEx LTL rates?
A: Check FedEx Freight rate sheets, online calculators, or contact your FedEx representative for current rates.
Q3: Does this include additional fees?
A: No, this calculates base freight charges only. Additional fees (fuel surcharge, residential, etc.) may apply.
Q4: How accurate is this calculator?
A: It provides estimates. Actual quotes may vary based on exact dimensions, services, and current rates.
Q5: Can I use this for other carriers?
A: The formula works similarly for other LTL carriers, but rates and calculations may differ slightly.