Hundredweight
A unit of measurement equal to 100 pounds, commonly abbreviated as CWT (from the Latin centum for hundred and the English weight). Hundredweight is the standard pricing unit for LTL freight, where carriers publish rate tables showing the cost per 100 pounds by freight class and lane. It provides a standardized way to compare rates across different shipment sizes.
Detailed Explanation
A unit of measurement equal to 100 pounds, commonly abbreviated as CWT (from the Latin centum for hundred and the English weight). Hundredweight is the standard pricing unit for LTL freight, where carriers publish rate tables showing the cost per 100 pounds by freight class and lane. It provides a standardized way to compare rates across different shipment sizes.
Example
A shipper comparing two LTL carriers looks at the CWT rate for class 85 freight: Carrier A quotes $24 per hundredweight while Carrier B quotes $22 per hundredweight on the same lane.
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