What is Dead Freight and how can LoadViewer reduce it?

Dead freight is a financial penalty a carrier charges a shipper for unused cargo space on a vessel. It occurs when a company books a certain volume of space for a shipment but fails to provide enough cargo to fill that space. This is a direct financial loss for the importer, as they are paying for space they are not using. This penalty is a direct cost to your business, as it is calculated on the difference between the committed and the actual cargo volume.

LoadViewer is a powerful tool designed to prevent dead freight by ensuring you meet your volume commitments and avoid these costly penalties. Our platform helps you at two critical stages:

• Accurate Pre-Order Estimation: In the pre-order stage, LoadViewer provides accurate cargo estimations and suggestions for improvements. By planning a virtual load, you can see the exact volume required, allowing you to commit to a realistic CBM and avoid over-promising space to the carrier.
• Efficient Consolidation: During the consolidation phase, our 3D bin packing engine ensures you fill the agreed-upon volume completely and efficiently. By visualizing the optimal placement of items, you can maximize every cubic centimeter of space, leaving no room for costly unused volume.