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Sending products as a Full Container Load or a Less-than Container Load is the norm for cargo transit. When you have an LCL shipment to deliver to a customer, you do not necessarily need to rent or hire a whole container to do it. Herein lies the meaning of the word “Groupage.”
As the name implies, it is a collection of LCL cargo from various shippers or consignors that is combined and shipped as a complete container load in a single freight container to various clients or consignees. Cargo consolidation or groupage operations are other names for this way of moving numerous LCL shipments.
To put it another way, groupage shipping involves the transportation of multiple LCL cargoes, each of which originates from a different port and is delivered to a different port or ports. The groupage operator will reserve a container with the shipping line based on the amount of cargo to be transported.
This container may be 20′ or 40′ in length. All customers transporting products by container will receive a House Bills of Lading from the operator after the loading of the shipment is finished. The Master Bill of Lading will subsequently be delivered to the groupage operator by the shipping company.
There will be a separate Bill of Lading for each LCL shipment that lists the consignor and the consignee. These LCL shipments are cleared and given to their individual consignees for custody after being unloaded from the ship and arriving at the destination port.
The Global Groupage shipping market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
CN Logistics International Holdings Limited, a reputable international logistics solutions provider, is pleased to announce the official launch of its international groupage platform, “CNBuy-n-Ship.”
This platform will offer high-quality and effective international groupage logistics experiences to numerous online consumer groups while also assisting the Group in further seizing the significant opportunities in the eCommerce market. eCommerce has experienced tremendous growth in recent years.
As a result of the epidemic and consumer shifts away from offline physical consumption towards online shopping, eCommerce has become a significant trend. eCommerce is predicted to increase at an average rate of 47%, per market research.
The logistics sector will continue to gain as the eCommerce market enters a phase of rapid development and becomes a crucial part of eCommerce operations. The Group has created its own worldwide groupage platform, “CNBuy-n-Ship,” which combines cutting-edge technology and logistics know-how to offer customers one-stop services for global consolidation.
In contrast to other groupage solution providers on the market, Cap&Go offers customers international consolidation solutions that are affordable, effective, and reliable thanks to the platform’s integration of the Group’s years of professional logistics experience, wide-ranging global network, and sophisticated in-house electronic management system.
