revenue ton


revenue ton
   or revenue tonne
(RT)
   a unit used for billing in the shipping industry. The size of a shipment in revenue tons is the number of metric tons or the number of cubic meters in the shipment, whichever is larger.

Dictionary of units of measurement. 2015.

Look at other dictionaries:

  • Revenue Ton Mile — A single ton of goods that is transported for one mile. Revenue ton miles are used to determine the total amount of freight that is shipped by a transportation company. Railroads determine revenue ton miles by multiplying the weight of paid… …   Investment dictionary

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