The Calculation Method of Ocean Freight
FCL shipping cost calculation
FCL shipping fee = basic shipping fee + shipping surcharge. Among them: “basic shipping fee” is formulated by the shipping company and will not change within a certain period of time. The “shipping surcharge” is divided into: fuel surcharge, port congestion surcharge, etc. Usually the price quoted by the freight forwarding company is the sum of the above two costs.
LCL shipping cost calculation
LCL shipping fee = whichever is greater according to volume and weight
1. Calculated by volume = basic freight per unit × total volume (unit of measure: CBM – cubic number) (The minimum charge for LCL is 1CBM, which means that if your goods are less than 1CBM and they will be charged by 1CBM)
2. Calculated by weight = basic freight per unit × total gross weight (unit of measure: TON – ton) (minimum charge for LCL is 1TON, that is, if your goods are less than 1TON, you have to charge 1TON)
Factors Affecting sea freight
Every shipping quote includes all the necessary costs to ship your products so they can reach their destination safely. . The main factors that affect the price of sea freight are as follows: container size/transit times/type of cargo/the weight of the cargo/the size of the goods/incoterms.In addition to this, there are other secondary factors that are normally not calculated in the ocean freight rate, but are closely associated to it. Some of these secondary factors include: insurance/pickup and delivery at ports and warehouses/customs clearance/handling charges at terminals