What does Container Freight Station do?

What does Container Freight Station do?

CFS stands for 'Container Freight Station'; a station or warehouse where a number goods or products are stored to be shipped together in one or more containers. At a CFS, the goods normally belong to a number of different customers, and the shipment is often done via LCL shipments.

What is difference between CFS and ICD?

An ICD is generally located in the interiors (outside the port towns) of the country away from the gateway ports. CFS, on the other hand, is an off-dock facility located near the servicing ports which helps in decongesting the port by shifting cargo and Customs related activities outside the port area.

What is difference between CFS and CY?

Container Yard (CY) A container yard is a dedicated area for full container load (FCL) containers whereas a CFS caters to both LCL and FCL shipments. A CY is located within the port, unlike a CFS, which is located close to a port or terminal. A CFS picks up empty containers from a CY for FCL and LCL export shipments.18-Sept-2020

What is the freight station?

A container freight station is a distribution facility where import and export shipments are consolidated and de-consolidated. CFS's are a key component in any supply chain moving interior point intermodal (IPI) freight.05-Jul-2019

What is CFS cost?

One of the most commonly asked questions when it comes to matters of the logistics of importing and exporting goods is, “What are CFS charges?” CFS charges refer to the fees that apply for each activity performed at a CFS, namely the import and export of goods through customs.19-Sept-2019

What is CTO in shipping?

CTO. Combined Transport Operator. Logistics, Business, Freight.

What is difference between CFS and AFS?

While CFS handles maritime cargo, an AFS is meant to handle air cargo.

What is IHC shipping?

The term IHC - Inland Haulage Charges means, the transportation charges to and from inland Container Depot/ Freight Station to sea port of loading or vice versa.

How do I set up an ICD?

Procedure for approval of ICD On receipt of the proposal, the Ministry of Commerce sends a copy of proposal to each of the IMC members. The proposals are then discussed in the IMC meeting. On acceptance of a proposal by the IMSC, a letter of intent is issued to the applicant by the Ministry of Commerce.

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.

What is CBM in shipping?

cubic meter

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.

What are the prerequisites of setting up Container Freight Station?

Office building for ICD, Customs office and a separate block for user agencies equipped with basic facilities. Warehousing facility, separately for exports and imports and long term storage of bonded cargo. Gate Complex with separate entry and exit. Adequate parking space for vehicles awaiting entry to the terminal.06-Mar-2019

What is meant by ICD in logistics?

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 CFSs act as hubs in the logistics chain.

Who pays the container freight?

The seller pays the freight charges and all other related charges that are incurred until the cargo arrives at the buyer's premises. It is useful to understand the two terms – FOB Origin and FOB Destination in this regard as it is quite often used in conjunction with the terms Freight Collect and Freight Prepaid.16-Jun-2021

Who should pay CFS charges?

of such goods are handled by the CFS / ICD authorities, with necessary permission from customs officials. The charges to handle such arrangements are to be paid by the importers, exporters or other users of such CFS / ICD.01-Jun-2022

What is CFS in sea freight?

CFS (Container Freight Station) refers to a warehouse where goods belonging to various exporters or importers are consolidated (grouped) or deconsolidated (degrouped) before being exported or after being imported.

What does FF mean in shipping?

Freight Forwarding

What does TS mean in shipping?

Generic (merchant navy) prefixes

What does BDL mean in shipping?

Bill of Lading Package Types/Handling Units Abbreviations

What is the role of CFS?

A CFS stands for Container Freight Station (CFS). It is a warehouse station responsible for the consolidation or deconsolidation of cargo before the products/goods are imported or exported. The station is involved in an export-import transaction, both at the point of origin as well as the destination.29-Aug-2020

What does Container Freight Station do?