More Definitions of Deconsolidation
Deconsolidation means any event pursuant to which a corporation ceases to be includable in the same affiliated group of corporations, within the meaning of Section 1504(a) of the Code, as Spinco.
What is deconsolidation in cargo?
Deconsolidation is the act of separating out LCL shipments to prepare them for final delivery. LCL shipments are consolidated into a container at origin, and deconsolidated at destination. Consolidation and deconsolidation is done at a CFS.
What is the difference between consolidation and deconsolidation?
Deconsolidation is essentially the opposite of consolidation. It is the logistics technique of breaking down an inbound shipment into multiple shipments so that they can be distributed to a retailer through the outbound vehicle.
What is shipper consolidation?
Consolidated shipping is a method of shipping where a consolidator combines individual LCL shipments from various shippers into one full container shipment. Participating in consolidated shipping earns the shipper preferred rates.
What is a deconsolidation warehouse?
A consolidation warehouse is a third-party storage facility where small shipments are combined into larger and more economical truckloads bound for a similar destination. The consolidated shipments may also go through regional distribution before being delivered to the end-users.
What does a consolidator do?
a company that buys a supply of particular goods or services from different places and then offers them for sale to the public: The website lets you scour the sites of all airlines, hotels, and consolidators for the best price. Consolidator tickets are generally non-refundable.
What is the bill of lading?
A bill of lading (BL or BoL) is a legal document issued by a carrier to a shipper that details the type, quantity, and destination of the goods being carried. A bill of lading also serves as a shipment receipt when the carrier delivers the goods at a predetermined destination.
What is inland container depot?
An Inland Container Depot is essentially a physical premise close to the ports. It could also be located in the hinterland. Customers are allowed to store containers, cargo, empty or full, on a temporary basis until they are ready for transportation.
What is deconsolidation of subsidiary?
An entity is required to deconsolidate a subsidiary when the entity ceases to have a controlling financial interest in the subsidiary. Upon deconsolidation of a subsidiary, an entity recognizes a gain or loss on the transaction and measures any retained investment in the subsidiary at fair value.
Why is consolidation so important to a freight forwarder?
Consolidated shipping allows shippers to earn preferred rates and helps optimize supply chain logistics by saving time and reducing cost. Consolidated shipping is ideal for someone that might only have a few pallets of freight or smaller shipments they need packaged and shipped in one container.
What is consolidation agent?
Consolidation Agent means any financial services institution appointed by the Issuer and identified as such in the relevant Final Terms.
What is consolidation in supply chain?
Supplier Consolidation, or Vendor Consolidation, is a supply chain management strategy that has increased in popularity over the last decade. Supplier consolidation is the process of reducing suppliers within a specific supply market and focusing on the most successful suppliers within the same supply market.
What does transport LTL mean?
Less than truckload (LTL) freight refers to the transportation of products or goods that do not require a full truckload. These smaller freight loads typically result in many separate shipments being transported on one truck.
What does order consolidation mean?
Retail Order Consolidation is the ability to bring together all the merchandise of an online order with multiple products into one single shippable package.
What is break bulk warehouse?
A break bulk operations receives the combined customer orders from a manufacturer and then ships them to individual customers based on the requirement. A break bulk warehouse fundamentally sorts and splits the individual orders and arranges for local delivery.
What is consolidation and cross docking?
This is why consolidation cross-docking was put into place. This process involves merging together multiple different loads into one outbound truck. In this situation, the terminal has more space for storage where different loads can be unloaded and stored until the outbound truck arrives.
What is a consolidation center?
A construction consolidation centre (CCC) is a distribution facility that can be used in the process of managing project logistics, channelling material deliveries to a large, single construction site or a number of different sites.
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