Consolidated Shipment

Consolidated Shipment in International Trade

Meaning of Consolidated Shipment, according to the Dictionary of International Trade (Global Negotiator): A method of shipping whereby an agent (freight forwarder or consolidator) combines individual consignments from various shippers into one shipment made to a destination agent, for the benefit of preferential rates. The consolidation is then de-consolidated by the destination agent into its original component consignments and made available to consignees. Consolidation provides shippers access to better rates than would be otherwise attainable. Also called groupage.