MOL has reached an agreement with European furniture retail giant IKEA to provide LCL services for products manufactured in North China from mid-September.

Shortly before the agreement was reached, MOL promoted its "sea freight consolidation service" to buyers. According to reports, the new service can improve the supply chain for customers.

According to MOL, IKEA chose to work with it because of its technical expertise and its achievements in the Chinese market, especially because it has a team of professionals who provide detailed cargo information to customers.

According to MOL, most European and American retailers use the buyer's LCL service. These retailers buy products that are produced in different parts of Asia, and the products are sorted at the port of loading and shipped to the destination.

The advantage of this service is that it can consolidate multiple batches of small and multiple types of goods at the same destination port, which can save a lot of money compared to transporting a single batch of goods.

MOL developed an independent transport inventory management system called STARLINK for the LCL service. The system can help MOL search for cargo inventory to keep track of the volume of LCL. Customers can check the real-time information of cargo transportation online.

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