Chargeable Weight is the measurement used by freight carriers to determine the price when calculating the cost of moving the shipment by converting the volume into a weight equivalent (or volumetric weight). Normally, the greatest weight (volume or actual) is charged.
Reference Definition by Logisticsglossary.com: Chargeable Weight or paying weight was created as a conversion factor for air freight in order to bridge the difference between volume and weight. After all, 1,000 kilos of feathers require a larger volume than 1,000 kilos of lead. In order to be able to charge this difference equally, a conversion factor was called into life. With air freight, 1 cubic metre equals 167 kilos. With seaborne freight LCL, 1 cubic meter equals 1,000 kilos, while with road transport 1 cubic metre equals 333 kilos (measuring 3 times). The highest weight (volume or actual) is charged.
Related Definitions in the Project: The Logistics Management
