Less than container load [LCL] is a shipment submitted for freight which does not fill a standard shipping container and which will be consolidated together with similar loads from other customers into a container. LCLs attract a premium freight rate when compared to full container loads. See also Full Container Load.
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Discover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and procurement consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.