- Volume of Package 1: \( V_1 = 140 \) cubic feet
- Dimensions of Package 1: \( 20 \times 1 \times 7 \) feet
- Volume of Package 2: \( V_2 = 70 \) cubic feet
- Dimensions of Package 2: \( 10 \times 1 \times 7 \) feet
Thus, the final boxed answers are:
\[
\boxed{V_1 = 140 \text{ cubic feet}, \text{ Dimensions of Package 1} = 20 \times 1 \times 7 \text{ feet}, V_2 = 70 \text{ cubic feet}, \text{ Dimensions of Package 2} = 10 \times 1 \times 7 \text{ feet}}
\]