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LCL [Last Updated by: admin on 2012-01-01]
Less than container load. Refers to shipments of goods which will have to be packed together with other consignments in order to fill up a container. LCL/FCL - A way of quoting container freight rates in which the carrier agrees to pack the container at the outset (LCL) but the unpacking at destination must be carried out by the receiver or consignee. A common approach for buyers who wish to consolidate small purchases from multiple suppliers in a foreign market into container shipments.

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