consolidated shipment

  

Definition

Cargo shipping method in which a freight forwarder at the port of origin combines several individual consignments to make up a full container load. This arrangement allows the goods to be shipped as containerized-cargo that offers greater security at lower shipping rates. At the port of destination, the consolidated shipment is separated (deconsolidated or degrouped) back into the original individual consignments for delivery to their respective consignees. Also called grouped shipment.

Related Videos




http://www.businessdictionary.com/definition/consolidated-shipment.html

Have a question about this term? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z