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 Terms Beginning with G
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# GTMs Gross Ton Miles

Transportation Term

Gross Ton Miles (GTM) is a unit of measurement used in the transportation industry to calculate the distance a weight of cargo has been transported. It is calculated by multiplying the weight of the cargo in tons by the distance it has been transported in miles.

For example, if a truck carrying 20 tons of cargo travels 100 miles, the calculation for GTM would be:

GTM = 20 tons x 100 miles = 2,000 GTM

GTMs are important for determining the efficiency and profitability of transportation operations. Companies can use GTM to track the amount of cargo they are transporting and the distance it travels, allowing them to optimize their routes and minimize fuel costs.

Additionally, GTM can be used to compare the efficiency of different modes of transportation. For example, a company can compare the GTM of shipping by truck versus shipping by train or boat to determine the most cost-effective method for their cargo.

Overall, GTM is a crucial metric for the transportation industry, helping companies to make informed decisions about their shipping operations and maintain profitability.

# GTMs Gross Ton Miles

Transportation Term

Gross Ton Miles (GTM) is a unit of measurement used in the transportation industry to calculate the distance a weight of cargo has been transported. It is calculated by multiplying the weight of the cargo in tons by the distance it has been transported in miles.

For example, if a truck carrying 20 tons of cargo travels 100 miles, the calculation for GTM would be:

GTM = 20 tons x 100 miles = 2,000 GTM

GTMs are important for determining the efficiency and profitability of transportation operations. Companies can use GTM to track the amount of cargo they are transporting and the distance it travels, allowing them to optimize their routes and minimize fuel costs.

Additionally, GTM can be used to compare the efficiency of different modes of transportation. For example, a company can compare the GTM of shipping by truck versus shipping by train or boat to determine the most cost-effective method for their cargo.

Overall, GTM is a crucial metric for the transportation industry, helping companies to make informed decisions about their shipping operations and maintain profitability.