Your logic map is a little confusing for me, but I think what you're asking


If rC3.Value = "Air" Then
    rC5.Value = "Factory Load"    

else if rC4.Value = "Gdynia to New York" then
    rC5.Value = "CFS Loading"
else if rC4.Value = "Gdynia to Los Angeles" then
    rC5.Value = "CFS Loading"    


else if rC4.Value = "Hamburg to New York" then
    rC5.Value = "CFS Loading"    
else if rC4.Value = "Hamburg to Los Angeles" then
    rC5.Value = "CFS Loading"    End if



    Select Case rC3.Value & "#" & rC4.Value & "#" & rC5.Value