What the boxes actually hold
Rules of thumb every desk uses: a 20' general purpose container stows roughly 25–28 CBM of practically loadable space with a payload around 21–28 tonnes depending on tare and road limits; a 40'GP roughly 54–58 CBM; a 40' high cube (HC, one foot taller) roughly 68 CBM. Note the asymmetry: a 40' holds about double the volume of a 20' but the same or barely more payload — dense cargo (tiles, metal, paper) maxes out weight in a 20', while light voluminous cargo (furniture, garments) wants the 40'HC.
Road weight limits at origin and destination, not the container's rating, are usually the binding constraint — an overloaded legal-at-sea box can be illegal on the truck that collects it.
The pricing quirk and the planning unit
Ocean pricing does not scale linearly with TEU: a 40' typically costs far less than two 20's — often only 20–40% more than a single 20' on major lanes — because the carrier's handling cost is per lift, not per foot. That makes the 40'HC the workhorse of consumer-goods trades and makes 'can we consolidate two 20' bookings into one 40'?' a perennial margin question. TEU remains the statistical unit — vessel sizes (a 24,000-TEU ULCV), port league tables, and trade-lane volumes are all quoted in TEU even though almost nobody books 'a TEU'.

