New Fast Ocean Freight Services
Until recently, smaller shipments that don’t fill a container (LCL) regularly took much longer to ship than full container (FCL) shipments. Shippers wanting smaller quantities reasonably soon had to pay a premium to go air freight.
But, there are new fast ocean LCL services which can compete with air freight for time, and are a lot cheaper. This is due to several reasons, including ships are getting faster, canal upgrades cutting delays on some routes, improvements to ocean tracking, and a much more competitive freight market.
Some forwarders are now providing express ocean services, sometimes called Expedited LCL, with guaranteed delivery days, actually faster than FCL, and close to matching air transit times. Most air cargo is typically consolidated, but it takes time to put together, and dedicated services are typically once or twice a week. So, transit times are usually 5-7 days. Compare this with some express LCL shipments. For instance, Europe to the East Coast, can take as little as 8 days.
So air vs ocean freight now? These new services suit high-value products, with a critical, but not immediate, due date. It also work well for products with a short shelf life, but longer than a couple of weeks.