Shipping Terms

Commonly Used Terms

Click on the term below and get an explanation
Understand what the shipping terms means

Average Cost per Unit

The average cost per unit is the estimated total cost, including allocated overhead, to produce a batch of goods divided by the total number of units produced. It is equal to the total cost of production divided by the number of units produced, also known as the unit cost. Over a longer duration, the average cost normalizes the cost per unit of production.

More From Cogoport

Schedule a personalized 1:1

Step into the future of freight forwarding with Cogoport. Experience a demo tailored to revolutionize your logistics, offering:

  • Innovative Solutions: Peek into cutting-edge features redefining freight management.
  • Expert Guidance: Direct insights from our seasoned pros, tailored to your business needs.
  • Real Answers: Interactive session to address your unique challenges.
Book a demo

Subscribe to our newsletter now!

Don’t miss out on the latest happenings at Cogoport.