Consolidation
Consolidation in maritime context refers to the process of combining multiple smaller shipments into a single, larger shipment for transportation. This is done to optimize the use of cargo space and reduce transportation costs. Consolidation is commonly used in the shipping industry for goods that are not large enough to fill an entire container or for shipments that are destined for the same location. The consolidation process involves the collection of goods from multiple shippers, the sorting and grouping of these goods, and the loading of the consolidated shipment onto a single vessel. Consolidation can be done by a freight forwarder or a shipping line, and it is an important strategy for reducing transportation costs and improving supply chain efficiency.
Your Previous Searches
Random Picks
- Solar Flares: Solar flares are sudden and intense bursts of radiation from the sun's surface that can cause disturbances in the Earth's atmosphere and magnetic field. These flares are often accompanied by coronal mass ejections (CMEs), which are massive ... Read More >>
- Gas Free: Gas Free refers to the process of removing all hazardous gases from a confined space on a vessel, such as a tank or a compartment, to ensure a safe working environment for personnel. This process involves a series of tests and procedures to ... Read More >>
- GPS Signals: GPS signals are electromagnetic signals transmitted by GPS satellites that carry information about the satellite's location and time. These signals are received by GPS receivers on Earth, which use the information to calculate the receiver' ... Read More >>
Top News
US ‘Secret War’ remembered as Secretary of Defense Lloyd Austin visits Laos...
Al Jazeera looks back at the most devastating period in Laos's history, when the US waged a years-long 'Secret War'....
News Source: Al Jazeera English on 2024-11-21
Japan will watch China's military after Beijing admits violating Japanese airspa...
Japanese officials say they are closely watching to see if China keeps its promise to prevent further violations of Japan’s airspace after explaining that an incursion by a Chinese military aircraft...
News Source: ABC News on 2024-11-20
Southeast Asian defense chiefs meet in Laos as maritime disputes with China are ...
Southeast Asian defense chiefs and representatives are meeting in the Laotian capital for security talks at a time of increasing maritime disputes with China in the Asia-Pacific and as the transition ...
News Source: ABC News on 2024-11-20
Biden's $100 billion disaster aid request includes money to rebuild the collapse...
President Joe Biden’s pending request to Congress for nearly $100 billion in emergency disaster aid includes money to rebuild Baltimore’s Francis Scott Key Bridge after its deadly collapse in Marc...
News Source: ABC News on 2024-11-19
The Houthis appear determined to score a hit on the American and European warshi...
The US and European Union have maintained a significant Middle East naval presence to battle the Houthis over the past year....
News Source: Business Insider on 2024-11-19