The Term LCL. What Does LCL Mean? - HOWtoExportImport
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The information provided here is part of Export Import Training online
LCL is a simple term used in export import business.
What is LCL and how does LCL work in import export trade?
LCL means Less Container Load
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If a shipper does not have enough goods to accommodate in a fully loaded container, he arrange with a consolidator to book his cargo. This type of shipment is called LCL shipment. The said consolidator arranges a full container (FCL) with a main shipping carrier, and consoles the shipments of other shippers. Means the freight forwarder who books a full container accepts goods from different shippers and consolidates all such goods in to one container as a Fully Loaded Container – FCL. The freight forwarder sorts out these goods at destination or at transshipment points, meant for different consignees at different ports.
Once after arrival of goods at destination the freight forwarder release goods meant for each consignee separately by collecting necessary charges if any. Also read 5 Tips to exporters while booking LCL shipments with a Freight Forwarder How to calculate CBM in LCL export shipments:
I hope, I have clarified about LCL movement of goods in an export and import trade.
Would you like to share your experience in handling LCL shipments?
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