How to Calculate Freight Rates [Infographic]

Freight Cost Calculation Used to Be a Pain

Shippers that don’t need to fill a full truck can save big
time shipping their freight using the less than a truckload (LTL)
service, shipping just a few skids, pallets or crates at a time.
Many factors go into calculating freight rates and doing it on a
case by case basis is very time-consuming. Freight brokers normally
would call transport carriers to find out the shipping rates for
their customers. They would have to know the right questions to ask
their customers and carriers to get the correct rate information.
See our infographic below to learn what goes into calculating
freight shipping costs. Once you see the complexity you will
understand that
getting instant freight rates online
is a remarkable
advancement from the painful process it used to be. That’s what
we have done for you at Freightera, the Expedia-like marketplace,
an online platform for shippers with instant freight rates from
hundreds of carriers. Just fill out your origin and destination,
enter the information about what you ship and freight rates are
instantly calculated for you in a matter of seconds. But before
jumping to our
LTL rates calculator page
, please see our graphic below to
appreciate what’s being computed on the background.


Freight Cost: Freight Rate Calculation

Freight Rates in LTL Shipping Determined by Several Factors
Commodity

Product or material.
All items shipped in the U.S. have a corresponding National Motor
Freight Classification (NMFC) number.

Size and Weight

Shipment size and weight including packaging, pallet, skid or
crate.

Freight
Density Calculator

Transportation fees are based on both gross weight and
dimensional weight, or whichever is greater. Dimensional weight is
applied when the weight of a package is disproportionate to its
size. For example, a box filled with inflated balls won’t weight
much, but will take up a lot of space.

Freight
Class

Freight Class Calculator is required for the U.S. shipments.
Density, stowability (i.e. difficulty storing), special handling
and liability (i.e. how perishable or fragile the shipment is)
determine Class. Ask Freightera Client Care for assistance via
Online Chat or Call: 800 886 4870 Ext. 1

Location Type

If pick-up or delivery location is challenging to access or
needs special equipment for lifting and loading or unloading the
freight, the freight rate will increase.

Distance

The further you ship, the more time and fuel is used by the
carrier.

The differences between freight shipping rates in the U.S. and
Canada

Please note that information in this article is based on LTL
rates calculation rules in the U.S. and Canada. Calculating freight
rates is more complicated in the U.S. where most carriers require
shippers to indicate NMFC code and Class. NMFC code and Class are
not used in Canada, where carriers use dimensional weight or
skid-based rates. In the U.S.-Canada cross-border shipping, NMFC
code and Class requirements are typically required depending on the
carrier.

Ask Freightera Client Care for assistance via Online Chat or
Call: (800) 886-4870 Ext. 1

Additional Resources and Tools:

https://en.wikipedia.org/wiki/Freight_rate
https://www.freightera.com/blog/how-freight-rates-are-determined/
https://www.freightera.com/en/freight-density-calculator
https://www.freightera.com/en/freight-class-calculator

The post
How to Calculate Freight Rates [Infographic]
appeared first on
Freightera Blog.

Source: FS – Transport B.
How to Calculate Freight Rates [Infographic]



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