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Ocean freight consolidators are riding a wave of less-than-containerloads (LCL) in recent months as the coronavirus pandemic leaves more freight forwarders beaching full containers.Also known as ...
FCL is intended to designate a container loaded to its allowable maximum weight or volume, but FCL in practice on ocean freight does not always mean a full payload or capacity – many companies will prefer to keep a 'mostly' full container as a single container load to simplify logistics and increase security compared to sharing a container ...
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Global freight volumes according to mode of transport in trillions of tonne-kilometres in 2010. In 2015, 108 trillion tonne-kilometers were transported worldwide (anticipated to grow by 3.4% per year until 2050 (128 Trillion in 2020)): 70% by sea, 18% by road, 9% by rail, 2% by inland waterways and less than 0.25% by air.
In 2013, Allcargo Logistics acquired US-based Econocaribe Consolidators and a controlling stake in Netherlands-based logistics company FCL Marine Rotterdam through its wholly-owned arm Ecuhold NV. [11] [12] In 2016, ECU-Line, Econocaribe and other international acquisitions were rebranded into ECU Worldwide. [13]
Even this term is more favourable to the carrier in FCL shipping and there are instances where the carrier become at least partially liable in LCL shipping even after mentioning "STC" under cargo description. This is due to the carrier or agent do the stuffings of cargo for the shipper's LCL shipment.
Contract talks covering 45,000 dockworkers on the U.S. East and Gulf Coasts are set to restart on Tuesday in a labor dispute that will help set the pace of automation at ports stretching from ...