What does LCL mean in logistics?
Table of Contents
What does LCL mean in logistics?
Less than Container-Load
LCL is an acronym used in logistics, which means ‘Less than Container-Load’. LCL is used when a single shipper’s goods do not completely fill an entire container. When this happens, in order to fill an entire container, space in the container is split between orders and/or shippers.
What is LCL in freight forwarding?
Admin Blog. Less-than-container shipping is a term used to describe a shipment or load smaller than a single shipping container. There are many reasons why people prefer to use LCL shipping, but they usually employ the services of logistics companies in Edmonton to make the decision.
How do LCL shipments work?
What is LCL shipping? If your cargo does not fill an entire 20-foot or 40-foot container, you can ship it in a shared container with other shipments. This is what “less than container load” means.
What is considered LCL?
What does LCL mean in shipping terms? LCL is a term used in sea freight to describe loads that are “less than a container load,” or a shipment that does not fill an entire container.
How is LCL freight calculated?
In short, freight forwarders charges LCL rate on the basis of ‘per CBM’ or per weight of 1000kgs (1 ton) which ever is higher. If the weight of the said package is 7 tons (7000kgs), the freight on LCL is calculated on the basis of weight. That is, 7 tons X USD 10.00 = USD 70.00.
What is the minimum CBM for LCL?
When you ship LCL, you will be charged for a minimum of 1 CBM. That means if you have a shipment smaller than that, you won’t get a lower price. Air and LCL costs are both calculated by both weight and volume.
How is LCL rate calculated?
If freight forwarder quote a rate of USD 10.00 per CBM, the rate will be 6.44 CBM X USD 10.00 per CBM = USD 64.40. If the weight of the said package is 7 tons (7000kgs), the freight on LCL is calculated on the basis of weight. That is, 7 tons X USD 10.00 = USD 70.00. So, weight of 1 ton (1000kgs) is treated as 1cbm.
What is LCL shipping cost?
LCL Charges The ocean freight charge for LCL is often labeled “W/M” which stands for weight or measurement. As described above, this indicates either the shipment weight or volume in CBM. For example, if the rate is $60 W/M and the shipment is 5 CBMs, the total ocean freight rate will be $300.
What is CBM formula?
Length x Width x Height = CBM This is the formula used to measure your cargo volume in CBM (m³). Say, you have a carton that is 2 metres long, 2 metres wide and 2 metres high. Then, its volume is 2 x 2 x 2 = 8 m³.