What is consolidation and groupage?

Groupage or consolidation refers to the process of reorganizing and grouping products to be managed collectively in the warehouse and during transportation. It is a well-established method in the logistics sector because of the advantages it brings in terms of cutting costs and boosting productivity.

What does sea cargo mean?

Sea freight is a method of transporting large quantities of products via cargo ships. Goods are packed into containers and these containers are loaded onto a vessel, where they will be sailed to their destination country.

Why is it called a cargo ship?

Cargo originates from the Latin word carricare which means “to load on a cart, or wagon.” Cargo can be loaded on a cart, but it’s usually loaded on something much bigger. On a ship, cargo is stacked up in huge, colorful metal containers.

What does groupage mean in shipping?

Groupage shipping involves grouping your goods together with other compatible goods that are travelling to the same destination, so that they can make up full containers. Groupage is also known as consolidation of freight and is the cheapest, most efficient way to transport goods in UK and across Europe.

What is cargo consolidation?

Freight consolidation is a process in which several small shipments that are all being sent to the same location will be bundled, or consolidated on a single truck, and then shipped together to their destination.

What is shipping by sea called?

Maritime transport (or ocean transport) and hydraulic effluvial transport, or more generally waterborne transport, is the transport of people (passengers) or goods (cargo) via waterways. Freight transport by sea has been widely used throughout recorded history.

What is sea ocean freight?

In short, ocean freight is the method of transporting often large loads of goods by sea – putting cargo in large containers which are loaded onto vessels. Over 90% of all the world’s trade is carried by sea – and even more in some countries.

What is a cargo ship called?

A cargo ship or freighter is a merchant ship that carries cargo, goods, and materials from one port to another. Thousands of cargo carriers ply the world’s seas and oceans each year, handling the bulk of international trade.

How does a cargo ship work?

For a ship to float, it has to push its weight in water downwards – or displace it. Once it’s pushed down by the ship, this water pushes back upwards – and floats the ship. So the bigger the ship – the more water it pushes down.

Why is it called bill of lading?

Etymology. The word “lading” means “loading”, both words being derived from the Old English word hladan. “Lading” specifically refers to the loading of cargo aboard a ship.

What is surrendered bill of lading?

A surrender bill of lading (B/L) is a document that allows a consignee to legally own the shipped items.