CWT (Per Hundredweight)
A pricing unit used in LTL and partial truckload shipping where the rate is quoted per 100 pounds of freight. CWT rates are combined with freight class, origin, destination, and applicable discounts to calculate the total shipping cost. This pricing method allows carriers to charge proportionally based on weight.
Detailed Explanation
A pricing unit used in LTL and partial truckload shipping where the rate is quoted per 100 pounds of freight. CWT rates are combined with freight class, origin, destination, and applicable discounts to calculate the total shipping cost. This pricing method allows carriers to charge proportionally based on weight.
Example
An LTL carrier quotes a rate of $18.50 per CWT for class 70 freight from Atlanta to Miami. A 2,000 lb shipment would have a base linehaul charge of $370 (20 × $18.50).
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