What is LCL shipping charges?

What is LCL shipping charges?

What is LCL shipping? LCL stands for less than a container load and describes sea shipping for cargo loads not large enough to fill a full 20ft or 40ft shipping container. Since LCL shipments fill less than a full 20ft or 40ft shipping container, these are grouped with other cargo.

How are LCL freight charges calculated?

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.

Is LCL shipping cheaper?

LCL shipping is an easy way to reduce costs in your supply chain. Rather than paying for a full container (FCL) – which will include space you may not fill – you’ll be sharing the space – and therefore the cost – with others. Think about it like taking a regular Uber versus UberPool – the latter will always be cheaper.

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.

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.

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 many CBM are in LCL?

In other words, the LCL freight is calculated on the volume of 1 CBM or weight of 1 ton (1000kgs) which ever is higher.

How many kg Makes 1 CBM?

EQUIVALENCE: 1 CBM = 333 KG.

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.

Which is better LCL or FCL?

FCL is more secure than LCL. There is a lower risk of damage, theft, or loss since it experiences far less handling than goods shipped via LCL.

How much is FCL shipping?

The cost per CBM for port charges would be just $28.50. LCL port charges can cost in the region of $125 per CBM. To ship the same amount of volume by FCL, port charges would increase to $3,500, this is a whopping $2,700 more to ship the same volume by LCL.

How many CBM is a 20FT container?

20FT and 40FT Containers

What is the maximum weight for LCL?

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 long does LCL shipping take?

The typical transit time of an LCL shipment to the US is within 4 to 6 weeks from the vessel’s departure date compared to 5 to 9 days if shipped via air cargo.

How many TEU are in a 40 container?

A forty-foot container is regarded as two twenty-foot containers or 2 TEUs (sometimes referred to as FEU, Forty Foot Equivalent Unit).

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).

Do charges in import?

The carrier of cargo means, the shipping, freight forwarding or transport company who carries goods to the port of final destination. Once after arrival of cargo at final customs port of destination, the said carrier of goods issues delivery order to consignee (or his order) after collecting necessary charges if any.

What is FCL bill?

Full Container Load (FCL). Full Container Load means that all goods in the container are listed on a single Bill of Lading, and as such are owned by a single party. It does not matter how full the container is. Payment is made on the basis of a full container.