What does VGM mean in LOGISTICS
The abbreviation VGM stands for Verified Gross Mass weight. This term is used to describe the total weight of a shipping container's cargo, including the weight of the packaging that is used to transport it. In industries where shipment costs are calculated based on the weight of a package, an accurate VGM measurement is essential to ensure that businesses are not overpaying for their shipments. VGM also plays an important role in ensuring safe passage for vessels carrying containers as overloaded vessels can suffer from stability issues during transport.
VGM meaning in Logistics in Business
VGM mostly used in an acronym Logistics in Category Business that means Verified Gross Mass weight
Shorthand: VGM,
Full Form: Verified Gross Mass weight
For more information of "Verified Gross Mass weight", see the section below.
The Purpose of VGM
VGM measurements are standard practice in the international shipping industry and are key to understanding how much space will be taken up by a shipment and what its total weight will be. Accurate measurements allow carriers to plan ahead and make sure they have enough capacity to safely transport packages and containers without compromising safety standards. They also help companies calculate exact shipping costs, which can mean significant savings if handled properly.
How is VGM Determined?
Verified Gross Mass is usually determined through two methods: weighing or volumetric conversion calculations (i.e., taking into account the size of each item). Weighing shipments requires special equipment such as platform scales or container weighing systems which can provide precise readings based on the container’s contents, no matter how large or small they may be. Alternatively, companies may opt for volumetric conversion calculations where they enter in information about certain items in order to calculate their weight using pre-established formulas specific to each type of product. Both methods are reliable but must be double-checked when possible in order to prevent any inaccuracies with regard to total cargo weights.
Importance of Accurate VGM Measurements
Accurate Verified Gross Mass measurements allow companies save money on shipping costs while ensuring that vessels safely navigate during their journey from one port to another. Since these measurements must comply with national regulations and international agreements, any discrepancies could result in additional fees being charged back by carriers while also risking civil action should anything happen during transport due to inaccurate readings. As such, it’s important for shippers looking to ship items abroad or nationwide by sea freight vessel that they obtain reliable and compliant measurements from experienced providers who understand the technical requirements for measuring cargo accurately.
Essential Questions and Answers on Verified Gross Mass weight in "BUSINESS»LOGISTICS"
What is VGM Weight?
Verified Gross Mass (VGM) is the total weight of a container and its contents, as verified on or near the loading dock prior to shipment. This includes the tare weight of the container, all packing materials, packaging, cargo and dunnage.
Who is responsible for providing VGM Weight?
The shipper or freight forwarder who loaded the container is ultimately responsible for providing VGM weight to the carrier.
What happens if a container does not have an accurate VGM Weight?
If a container does not have an accurate VGM Weight, it puts other containers at risk of being damaged by shifts in balance due to uneven load distribution on board the ship. Additionally, there may be fines imposed by carriers for incorrect information supplied on VGM documents.
Does my company need to calculate VGM for each shipment?
Yes. Accurate and verified gross mass (VGM) is required for each shipment before delivery to port terminals.
How do I accurately calculate my Verified Gross Mass Weight?
The verified gross mass must be obtained in one of two ways; either directly weighing the whole packed container or else by weighing all items within the packed container and adding this weight along with the tare weight of the individual packed unit.
Is it necessary for a Container Weighing Certificate to be presented with every shipment?
Yes, every shipment must include an original signed copy of a Container Weighing Certificate which can be provided by an authorised weighbridge operator or any other authorised method to confirm and verify your shipment’s Verified Gross Mass Weight
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