What is the difference between LCL and 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.
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 is CFS and CY in shipping?
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
India has some 169 CFSs and 67 inland container depots (ICDs).19-Apr-2018
What is LCL shipment?
What is LCL shipping? 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.
The VGM (Verified Gross Mass) is the total weight of the container (cargo and tare weight). This information is usually submitted in the Shipping Instruction.
What is FCL FCL in bill of lading?
FCL is an acronym used in logistics, which means 'Full Container-Load'. This means goods from a single shipper occupy the entire container.
An Inland Container Depot (ICD) is a container storage facility situated in the hinterlands, away from any major port. Shipping companies use ICDs to store and move shipping containers before and after transporting them to the seaport.29-Jan-2021
What is CTO in shipping?
CTO. Combined Transport Operator. Logistics, Business, Freight.
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
What is CFS rate?
CFS. In hydrologic terms, Cubic Feet per Second - the flow rate or discharge equal to one cubic foot (of water, usually) per second. This rate is equivalent to approximately 7.48 gallons per second. This is also referred to as a second-foot.
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 difference between CFS and AFS?
While CFS handles maritime cargo, an AFS is meant to handle air cargo.
The charge assessed for services performed at the origin or destination for loading or unloading of cargo into/from containers at a CFS Container Freight Station.
What is the difference between CFS and Bonded warehouse?
A container freight station (CFS) is a facility where ocean or air freight can be transferred directly from the destination port or airport. A bonded facility simply means that it has been certified by Customs Border Protection (CBP) to receive goods directly from the port while still under a customs bond.03-Nov-2017
FCL vs LCL shipping prices: LCL costs more than FCL per unit of freight. Per unit, the costs of LCL shipments are costly as they include additional logistics and management charges regarding shipping multiple goods in one container.
What is the maximum 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.
Basic Ocean Freight under LCL cargo is calculated on the basis of per CBM (Cubic Meter) rate or per Ton (per 1000 kgs gross weight) whichever is higher. Or we can say basic ocean freight under LCL shipment is calculated on the basis of chargeable volume of cargo.11-Jun-2022
Who approves VGM?
The Verified Gross Mass (VGM) is a fairly new concept introduced in the maritime industry. Container weight verification has now become a global requirement. A new amendment was brought into force by IMO and introduced in SOLAS (Safety Of Life At Sea) regulation VI/2, adopted by resolution MSC.01-Mar-2021
How to calculate VGM? There are two acceptable methods for calculating VGM. Using a calibrated scale, you can either 1) weigh your shipment's enter sealed container after it has been packed, or you can 2) weigh all the cargo and contents of the container and then add those figures to your container's tare weight.
What is IGM in shipping?
A mandatory requirement under Section 30 of the Customs Act 1962, the Import General Manifest that every shipping line or its agent needs to file with the customs 24 hours before its ship enters Indian waters and has cargo to be discharged at the port of call.
What is the difference between LCL and CFS?