A co-loader is a freight forwarder, NVOCC, consolidator, or logistics provider that combines cargo from other forwarders or shippers into a larger consolidated shipment. Co-loading is common in LCL ocean freight, air freight, and groupage services because it allows smaller shipments to share container or transport space. By using a co-loader, forwarders can access better sailing options, improve space utilisation, lower per-unit freight costs, and move cargo more efficiently through shared consolidation networks. In ocean freight, a co-loader consolidates LCL cargo from smaller forwarders to fill a container, acting as a wholesaler of ocean freight space.
- Co-loaders negotiate master service contracts with ocean carriers based on volume
- They issue master bills of lading to the carrier and house bills to each customer forwarder
- Rates are lower than retail but include less service coordination
Using a co-loader adds an intermediary to the chain, which can reduce visibility and increase handling points.
Related terms: Bill of Lading (BOL).
