1 |
Freight ConsolidationThe grouping of shipments to obtain reduced costs or improved utilization of the transportation function. Consolidation can occur by market area grouping, grouping according to scheduled deliveries, o [..]
|
2 |
Freight ConsolidationThe act of combining individual shipments into a single lot, in order to reduce costs or improve transport equipment utilization. Consolidation can take a variety forms by customer, geography, shippin [..]
|
3 |
Freight ConsolidationThe process of combined multiple separate consignments into a single lot or container load constituting a more economical shipping unit for shipment over all or some of the transportation segments. Upon completion of the “consolidated” shipment segment, the process must be reversed- the individual consignments must be separated out for delivery or [..]
|
4 |
Freight ConsolidationCargo consolidation service provided by a freight forwarder in which several smaller shipments are assembled and shipped together to achieve better freight rates and security of cargo.
|
<< Freight Carriers | Freight Forwarders Institute >> |