Definition How full a vehicle, vessel or flight is compared with its total capacity.
Example A ferry carrying 180 cars with space for 200 has a load factor of 90%.
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Why it matters Running closer to capacity usually improves profitability in transport.
Where it is used Shipping, airline and logistics performance reports.
How to calculate it Capacity used ÷ total capacity × 100
Worked example A ferry carrying 180 cars with space for 200 has a load factor of 90%.
