What Is Cfs In Logistics?

A CFS (container freight station) is a warehouse that specializes in the consolidation and deconsolidation of cargo. An LCL (less than container load) shipment will be taken to a CFS at origin to be consolidated into a container with other cargo.

What do you mean by CFS?

CFS stands for Container Freight Station and refers to a warehouse where cargo that belongs to various exporters or importers is consolidated or deconsolidated before being exported or imported.

What is the role of CFS?

A CFS stands for Container Freight Station (CFS). It is a warehouse station responsible for the consolidation or deconsolidation of cargo before the products/goods are imported or exported. The station is involved in an export-import transaction, both at the point of origin as well as the destination.

What is CFS clearance?

Bonded means that the CFS has the authority from the Customs & Border Protection Agency to receive shipments that are under a customs bond. The shipment may be stored at the CFS warehouse before customs clearance and since they are transported while under customs bond fees and duties may be deferred.

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What is CFS and CY in shipping?

In case of international shipping, CY is Container Yard and CFS is Container Freight Station. Container Yard is a place where containers are stored before loading on to the vessel or after unloading from the vessel/ship after it arrives at Port. A Container Yard is primarily used for FCL (Full container load shipment).

What does CFS stand for in business?

A certified fund specialist (CFS) has received a certification from the Institute of Business & Finance (IBF) for their expertise in mutual funds and the mutual fund industry. Requirements for the designation include passing the certified fund specialist exam.

What is CFS and ICD?

Inland Container Depots (ICDs) and Container Freight Stations (CFSs) are also called dry ports as they handle all customs formalities related to import and export of goods at these locations. ICD and CFS offer services for containerization of break- bulk cargo and vice- versa.

What is custom clearance process?

Customs clearance is the process of getting permission from the associated government agency to either move goods out of a country (export) or bring goods into the country (import). We can also define customs clearance as a document that the customs authority issues to a shipper.

What are CFS charges customs?

The charge assessed for services performed at the origin or destination for loading or unloading of cargo into/from containers at a CFS Container Freight Station.

What is CFS in port?

The term CFS at loading port means the location designated by carriers for the receiving of cargo to be loaded into containers by the carrier. At discharge or destination ports, the term CFS means the bonded location designated by carriers for devanning of containerized cargo.

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What does CFS stand for in medical terms?

Myalgic encephalomyelitis/chronic fatigue syndrome (ME/CFS) is a serious, long-term illness that affects many body systems. People with ME/CFS are often not able to do their usual activities.

What is FCL and LCL?

FCL (Full Container Load), or full container: the client’s goods are transported in a filled and sealed container; LCL (Less than Container Load) or grouped shipment: the client’ goods are not numerous enough to fill a container, the goods of several clients are put into one container.

What is LCL cargo?

LCL is an ocean shipping term; an abbreviation of Less than Container Load, refers to small ocean freight shipment wherein the shipper does not contract for a full container since the quantity of shipment is not adequate to contract for a full container.

What is CFC in shipping?

Cargo Facility Charge (CFC)

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