The difference between Commodity and Cargo.
Aren’t they the same, you may ask? The short answer is NO..There is a difference between Commodity and Cargo..
In economics, cargo or freight are goods or produce being conveyed – generally for commercial gain – by ship, boat, or aircraft, although the term is now often extended to cover all types of freight, including that carried by train, van, truck, or intermodal container.
The term cargo is also used in case of goods in the cold-chain, because the perishable inventory is always in transit towards a final end-use, even when it is held in cold storage or other similar climate-controlled facility.
Multimodal container units, designed as reusable carriers to facilitate unit load handling of the goods contained, are also referred to as cargo, specially by shipping lines and logistics operators. Similarly, aircraft ULD boxes are also documented as cargo, with associated packing list of the items contained within. When empty containers are shipped each unit is documented as a cargo and when goods are stored within, the contents are termed as containerised cargo.
Commodity may be defined as a raw material or product that is traded, such as ores, grain, coffee etc.
Commodity becomes Cargo when it enters the transportation realm. Cargo is what is transported.