Less than Container Load (LCL) is where cargo from multiple customers is loaded together in the same container. Although the concept is the same as groupage, the term LCL is generally used on Ocean freight movements, whilst groupage is used on road freight and ferry operations.
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Korea’s coffee imports surge
Imports of coffee and espresso to S Korea increased to record levels in 2020, as the Covid-19 crisis drove higher demand the in coffee-loving country due to WFH and social distancing. Last year, Korea imported 176,648 tons of coffee,according to ...Read More
Turkey garment exports to exceed $20B
The garment industry of Turkey plans to make more than $20 billion in exports in 2021, according to the head of the Turkish Exporters' Assembly (TIM). He said ready-to-wear clothing exceeded 10% of the country's total exports in 2020, and ...Read More
Container freight at high levels
It appears that demand for container freight will remain at very high levels throughout the Chinese Lunar New Year, celebrated on and around 12 February. Freight rates from North Asia to the UK will remain at all-time highs as volume ...Read More
Sheep meat imports fall in November
Import volumes of sheep meat into the UK fell by 9% in November. This was the lowest import for November on records back to 1997. The drop was caused in particular by a decline in exports from New Zealand. which ...Read More
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