What LCL shipment means?

What LCL shipment means?

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.

What is LCL clearance?

LCL stands for “less than container load”. It is different from another widely used term in international logistics – FCL, which is short for “full container load” and is meant for large shipments. As you might already know, LCL is recommended as a safe way to ship cargo in moderate volumes while keeping costs low.

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.

What is FOB LCL?

LCL (less than container load) means the carrier is responsible for the suitability and condition of the container, and the stuffing thereof for which they charge an LCL service charge.

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.

What is LCL fee?

LCL, or less than container load, has multiple consignments sharing space within the single container. With FCL, the buyer is paying for the cost of the whole container space, while LCL only pays for the area that the shipment occupies in a single container.

How is LCL shipping 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.

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.

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.