How do you calculate LCL for ocean freight?

How do you calculate LCL for ocean freight?

Calculation of basic Ocean Freight under LCL cargo is on the basis of per CBM (Cubic Meter) rate or per Ton (per 1000 kg’s gross weight) whichever is higher. Or it can be also stated as, basic ocean freight under LCL shipment is calculated on the basis of chargeable volume of cargo.

How is LCL shipping cost calculated?

LCL cost is calculated primarily by volume, usually in cubic meters (CBM). The more space you need, the more you pay. Weight is also taken into account when determining LCL shipping costs, but because container ships can handle huge amounts of weight, volume usually matters more to overall costs.

How do you calculate freight by sea?

The CBM factor used for ocean freight is 1 CBM = 1 ton. In this example, the actual ton weight is less than the volumetric weight (CBM) and hence, the ocean freight charges are calculated based on the CBM.

What is the minimum weight for LCL shipment?

It can be used for shipments as little as 1 CBM, or less, although the minimum chargeable volume is 1 CBM. (Note: It is also advisable to check the air options if the shipment is less than 1 CBM and the chargeable weight is less than 200kg). LCL is ideal for shipments with a volume of less than 15 CBM.

How many kilos is a LCL?

The gross weight is the total weight of the shipment as a whole, including the weight of the packaging and master cartons. It is best to consider shipping under an LCL agreement if the gross weight of the shipment is more than 150kg during peak season and 200kg during the off-peak season.

What is LCL give example?

What is LCL? Definition – Less than Container Load. A term used to describe the transportation of small ocean freight shipments not requiring the full capacity of an ocean container – Usually less than 20 CBM (cubic meters). A freight forwarder may create a “Consolidation” by putting together multiple LCL shipments.

Is LCL cheaper than FCL?

For a lot of shippers, particularly smaller businesses, price is often the key decision maker when deciding how to ship their goods. LCL is usually cheaper as it charges by the weight measure, W/M (e.g. CBM) whereas FCL charges you a flat rate for the container regardless of how much is packed inside.

How do I book an LCL shipment?

How to pack an LCL shipment?

1. Pack your cargo in boxes designed for exporting goods, not in any old bag or box. …
2. Label each piece of cargo with details including booking number, destination country, shipper (exporter) and consignee (importer) names. …
3. Make sure your cargo pieces are uniformly and evenly packed.

How is volume weight calculated for sea freight?

Length X Width X Height in centimetres / 5000 = Volumetric Weight in kilograms. Multiply the length x height x width in centimetres and divide the answer by 5,000. The result is the volumetric weight.

What is sea freight rate?

An ocean freight rate is the costs of transporting shipments directly by the sea.

How do I calculate freight shipping costs?

Freight Shipping Rates Are Calculated Based On:

1. Supply and demand in your freight’s origin.
2. The type of equipment (trailer) you need.
3. The urgency of your shipment.
4. Your freight’s length of haul (LOH).
5. Current weather conditions.
6. The specific requirements of your freight (accessorials).

How do I calculate freight charges?

Divide the total cubic inches by 1,728 (the number of cubic inches in a cubic foot). The answer is the cubic feet of the shipment. the shipment. Divide the weight (in pounds) of the shipment by the total cubic feet.

What is LCL volume?

Generally defined by low volume shipments, LCL shipping indicates that you will be sharing your shipping container with other shippers. Your cargo will thus be transported along with that of other shippers in the same container.

How do LCL shipments work?

An LCL shipment (Less Than Container Load) ✔️ is when a consignment of goods are shipped via sea freight and loaded into a shared container with other consignments. This method of importing means that you don’t have to buy enough stock to fill an entire shipping container.

How do you determine LCL or FCL?

Choosing between LCL and FCL ultimately comes down to four things: volume, cost, security, and urgency. If your shipment is larger than 10 CBM, it pays to consider if FCL is a better option. But for low volume shipments, your best option will likely be LCL.

How many CBM is a 20FT container?

20FT and 40FT Containers

How many kg is a full container?

A 20-foot container’s unloaded weight is 2,300 kg and can, in theory, be loaded to a maximum weight of 28 tons (25,400kg).

What is LCL clearance?

LCL (Less than container load) cargo is when a shipper or importer does not have enough cargo to fill one full container, so then they book cargo with a consolidator to transport their goods along with goods of other shippers.