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Tuesday, October 07, 2008
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Glossary of Terms: M
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0-9
Metric Ton (MT)
1,000 kilograms or 2,204.6 pounds. A metric ton is also called a kilo ton (KT).
Minimum Bill of Lading
On ocean LCL shipments, there is typically a minimum charge of 2 CBM or 2 KT. This means that if the volume and the weight does not exceed the minimum requirement, then the minimum charge will apply.
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