A digital tool designed to estimate the cost of transporting goods via air. This tool generally considers factors like shipment weight, dimensions, origin, destination, and the service level required to generate a price approximation. For example, a company shipping electronics from Hong Kong to New York might utilize this utility to gain an initial understanding of potential transportation expenses.
The significance of these tools lies in their ability to streamline logistical planning and budgeting. They offer a rapid method for comparing rates from various carriers, aiding in cost optimization and informed decision-making. Historically, such calculations were manually intensive, involving extensive communication with freight forwarders. The automation provided by these resources saves time and resources, enhancing overall efficiency in the supply chain.
