WM has various meanings in the Business category. Discover the full forms, definitions, and usage contexts of WM in Business.
The basis for assessing freight charges. Also known as "worm". The rate charged under W/M will be whichever produces the highest revenue between the weight of the shipment and the measure of the shipment. The comparison is based on the number of metric tons the cargo weights compared to the number of cubic meters of space the cargo measures. The prior English method was one long ton compared to forty cubic feet.
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