What does CFS stand for in logistics?
What is a CFS? A CFS (container freight station) is a warehouse that specializes in the consolidation and deconsolidation of cargo. An LCL (less than container load) shipment will be taken to a CFS at origin to be consolidated into a container with other cargo.
Inland Container Depots (ICDs) and Container Freight Stations (CFSs) are also called dry ports as they handle all customs formalities related to import and export of goods at these locations. In a multi modal transport logistics system, ICDs and CFS act as hubs in the logistics chain.
What is the role of CFS in shipping?
A CFS is an area, typically a warehouse near shipping ports or crucial railway hubs. These container freight stations are either owned by private stakeholders or shipping terminals. Their primary function involves the consolidation and de-consolidation of less-than-container load (LCL) cargo.25-Aug-2021
Container Freight Stations are commonly found close to harbors, within terminals, close to massive warehouses or near major railway hubs, because once the cargo is deconsolidated for the individual shippers, the goods will either be transported by trucks or trains or picked up by customers.30-Apr-2019
What is LCL freight?
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.
cubic meter
What is VGM in shipping?
The Verified Gross Mass (VGM) is the weight of the cargo including dunnage and bracing plus the tare weight of the container carrying this cargo. SOLAS requires the shipper to provide VGM in a “shipping document,” either as part of the shipping instruction or in a separate communication, before vessel loading.
Handling charges for container more than 40' length will be 200 per cent of the charges applicable to containers upto 20 ft in length. (v). Storage/ground rent charges for containers more than 40' in length will be 300 per cent of the charges applicable to containers upto 20 ft in length.
What is DPD in shipping?
Direct Port Delivery (DPD), which began last year with the Nhava Sheva port on the outskirts of Mumbai, entails the delivery of a shipment from the port to the consignee instead of initially holding it at a container freight station (CFS).20-Mar-2017
C&F (Terms of Sale, or INCOTERMS) – Obsolete, although heavily used, term of sale meaning cargo and freight whereby Seller pays for cost of goods and shipping charges up to destination port. Also known as CFR. Cargo – Freight loaded into a ship.
How many CBM is 20FT container?
33 CBM
FCL is an acronym used in logistics, which means 'Full Container-Load'. This means goods from a single shipper occupy the entire container.
Is FCL cheaper than LCL?
LCL costs more than FCL per unit of freight. That's because freight agents prefer a full container load -- it's easier for them than figuring out how to bundle many LCL shipments in a full container.
EQUIVALENCE: 1 CBM = 1.000 KG.
How is LCL freight 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.
1.26 m³
What is Solas shipping fee?
The SOLAS VGM is a strict global regulation enforced by the International Marine Organization (IMO). The SOLAS regulations were updated to ensure that shipper's correctly declare the total verified gross mass of shipping containers ready for export.08-Sept-2018
the shipper
WHO declares VGM?
The shipper, whose name is mentioned in the Bill of Lading, is responsible to provide the VGM of the packed container to the ship personnel and the port terminals well in advance. VGM is not shown in the Bill of lading. It is declared separately from the Gross Cargo weight entered in the Bill of Lading.01-Mar-2021
What is a CFS fee? A container freight station fee is assessed for LCL shipments. After arriving at the destination port, LCL cargo is taken to a container freight station (CFS) to be deconsolidated; after that, it's loaded into a truck and transported to the final destination.
How much does CFS cost?
$75 - $300 per hour. CFS provides services to a diverse clientele. The cost of any CFS service or program is based on an hourly rate of $75 - $300.
What does CFS stand for in logistics?