The calculation of the amount to be charged for a particular shipment is what determines whether a carrier will have more or fewer customers. Customers need to know the method used to arrive at the charges so they can predict how many fees will be applied to their shipments. If the carrier keeps such a procedure secret, many customers will avoid using it and mention the lack of transparency and integrity. It gives the carrier no other option but to follow customer preferences if they want to stay in business. Therefore, the figures are not obtained as a guess, but a freight cost calculator helps determine all this. The following are the elements of a shipping cost calculator;
The distance to cover usually comes first in a shipping cost calculator. Many transport companies not only specialize in delivering products locally but have gone a step further to ensure that the international market is also served. Therefore, they offer transport solutions both locally and internationally. For a calculator with freight costs, the longer the distance, the higher the freight rates that will be used. Longer shipping distances mean that the freight company incurs additional costs in terms of fuel and maintenance of the transport crew on board until it reaches the destination. Therefore, this requires higher charging speeds compared to shorter distances requiring lower charging speeds.
Shipping weight also comes into play as a crucial factor for shipping rates. This is also an important component of a freight cost calculator. Weight is usually measured in pounds. When the load is weighed, it is usually divided into different classes depending on how heavy or light it is. The load with the same weight usually belongs to the same class. When calculating freight, very heavy loads will attract higher freight. This is because the carrier can only carry a few heavy loads to reach its tonnage and therefore leaves a different load. The heavy load will have to compensate for the lost load. Despite the size of the cargo, the weight is very important as an important element of the distance calculator.
In addition, the size of a shipment to be transported is also an important element of a shipping cost calculator. High-volume shipments attract higher freight rates. This is because they will take up a lot of space and therefore limit the amount of cargo that can be transported during a single trip. Few bulky shipments are needed to fill a complete container compared to less bulky shipments. Therefore, the bulky shipment must cover the other lost cargo that is not transported. Shipping becomes more expensive when two elements are combined. For example, a shipment that is very heavy and bulky will attract very expensive freight rates considering it is heading to a distant destination. A combination of one of the elements makes shipping prices more expensive.