Cargo Ton Miles
Transportation Term
CTM is a widely used metric in the shipping and aviation industries as it helps in determining the productivity of the fleet and the overall performance of the transportation system. It is also used in calculating the fuel efficiency of transport vehicles, which is an essential parameter in reducing operational costs and mitigating the impact of transport on the environment.
CTM is used by shipping and airline companies to track their cargo movement and optimize their cargo routes. It is also useful in assessing the capacity and demand of transport routes and making informed decisions on cargo pricing and marketing.
In summary, CTM is an important metric used in the transportation industry to quantify the volume of goods transported over a given distance. It allows transport companies to optimize their operations, calculate fuel efficiency, and make informed decisions.
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