LTL freight is often quoted in dollars per hundredweight. To convert a pallet's weight into freight cost, divide its weight in pounds by 100 and multiply by the rate.
See also
- Tare weight
- The weight of the pallet itself, as opposed to the goods it carries.
- Cost per trip (CPT)
- The total cost of using a pallet for one shipment, including everything beyond its price.
- Request for quotation (RFQ)
- A document inviting suppliers to price a defined product, volume and set of terms.