Industry package
Forwarder & Logistics
Freight & Container · Trade & Customs · WMS & Supply · Finance · Sales & CRM
- 20 full users
- 2 sites
- 26 modules
Free tool
Freight Cost Allocation
Allocate a shipment’s freight to products by weight, volume, value or W/M and see unit freight per product. No sign-up needed; results update as you type.
See the system that does this automaticallyOpen the live demoFreight Cost Allocation: worked example
The example table has 3 rows; other values: Allocation basis Chargeable W/M, Total freight and charges to allocate 6,400 USD. With these values the results are:
| Total allocated | 6,400 USD |
|---|---|
| Total weight | 22,000 kg |
| Total volume (CBM) | 52.00 m³ |
How to use: Freight Cost Allocation
- Enter your own values: Allocation basis, Total freight and charges to allocate.
- Add or delete table rows as needed; totals update automatically.
- Choose the currency; money inputs are converted at an approximate rate.
- Results are calculated as you type: Total allocated, Total weight, Total volume (CBM).
- Check every step of the calculation in the formulas below.
How is it calculated?
- wmr (each row) = max([Weight (kg)] ÷ 1,000; [Volume (m³)])
- Share (each row) = if([Allocation basis] = 0; [Weight (kg)] ÷ [Σ Weight (kg)]; if([Allocation basis] = 1; [Volume (m³)] ÷ [Σ Volume (m³)]; if([Allocation basis] = 2; [Value] ÷ [Σ Value]; [WMR] ÷ [SUM_WMR]))) × 100
- Alloc (each row) = [Share] ÷ 100 × [Total freight and charges to allocate]
- Unit (each row) = [Alloc] ÷ [Count]
- Total allocated = [Σ Alloc]
- Total weight = [Σ Weight (kg)]
- Total volume (CBM) = [Σ Volume (m³)]
Other tools running on Freight Rating Engine
Calculates chargeable quantity, freight and surcharges for FCL, LCL, air and road with the same rules.
FCRSOFT
FCRSOFT does this for you automatically
You don’t need to do the calculations and checks on this page by hand every day. FCRSOFT derives them all automatically from the records entered in the field.
- Freight rates are stored; freight is calculated automatically on booking.
- Chargeable weight and the W/M rule are applied automatically.
- Freight and local charges are allocated to products and files.
Frequently asked questions
How is Freight Cost Allocation calculated?
Allocate a shipment’s freight to products by weight, volume, value or W/M and see unit freight per product. The calculation uses Freight Rating Engine: Calculates chargeable quantity, freight and surcharges for FCL, LCL, air and road with the same rules.
How is Total allocated found?
Total allocated = [Σ Alloc]. With the example values (Allocation basis Chargeable W/M, Total freight and charges to allocate 6,400 USD) the result is 6,400 USD.
Worked example: Freight Cost Allocation
Example values: Allocation basis Chargeable W/M, Total freight and charges to allocate 6,400 USD. Total allocated: 6,400 USD; Total weight: 22,000 kg; Total volume (CBM): 52.00 m³.
Is Freight Cost Allocation free?
Yes. The tool is free, needs no sign-up and runs in your browser; the data you enter is not stored.
Can FCRSOFT do this calculation automatically?
FCRSOFT stores your rates and calculates freight and surcharges automatically for every booking. You can try the Forwarder & Logistics package in the live demo without installing anything.
Which currency can I calculate in?
Choose one of 28 currencies in the currency selector; monetary inputs are converted at an approximate rate. To use your own rate, enter the amounts directly.
FCRSOFT solutions
All inclusive
Enterprise Site — all products
Farm · Hatchery · Feed ERP · Processing · WMS & Supply · Sales & CRM · Finance · Maintenance · Trace & Cold Chain · B2B Commerce · Fleet & Vessel · Voyage & Chartering · Trade & Customs · Freight & Container
- 30 full users
- 1 sites
- 69 modules
