The twenty-foot equivalent unit (abbreviated TEU or teu) is an inexact unit of cargo capacity, often used for container ships and container ports. It is based on the volume of a 20-foot-long (6.1 m) intermodal container. A 20’ft container can hold eleven “europallets” in one tier or nine to ten standard pallets in one tier while a 40′ container can hold 23-24 “Europallets” in one tier or 20-21 standard pallets in one tier. Disclaimer Our content is not in any way legal advice or binding. The information provided by might not be the official legal or full definition. Also when pursuing a specific transaction you are encouraged to conduct your own due diligence and to consult legal counsel as appropriate.