Cargo, including all commodities, requiring a label according to the provisions of the International Maritime Dangerous Goods Code.

The act of loading cargo.

Containers moving from a foreign country by vessel, and then sent to an inland point in the U.S. or elsewhere by land transportation (rail or truck). See also MLB.

The total cost of a shipment delivered to a named location, specifically the cost of goods plus all associated shipping costs.

The last free day is the last day of free storage time. See below for general guidance on the average amount of free storage time per transportation mode.

Inventory concept to describe that the last received goods are the goods dispatched first.

LCL is a mode of shipping via ocean, and is recommended if your shipment isn't large enough to fill a container.

Common term for an amount of goods to be shipped and which do not fill an entire container. Ocean rates for LCL are commonly higher on a per-unit basis than for a full container load. Thus, consolidation of several LCL loads from different places or shippers into a full container can save on costs.

See ""Less Than Container Load"" (LCL).

1. Letter of agreement issued by a bank stating a foreign purchaser has established a line of credit in a seller's favour, and confirming that payment for goods will be made upon presentation of certain documents which are in agreement with terms on the letter of credit. 2. A letter addressed by a banker to a correspondent certifying that a person named therein is entitled to draw on him or his credit up to a certain sum. 3. A letter addressed by a banker to a person, to whom credit is given, authorising him to draw on the issuing bank or on a bank in his country up to a certain sum and guaranteeing to accept the drafts if duly made, also called commercial letter of credit, confirmed credit or confirmed letter of credit. Letters of credit may take various forms, represent various undertakings for various purposes and be subject to different conditions.

A Letter of Indemnity (LOI) is a document provided by the shipper stating that the shipper will take responsibility for any harm or loss caused by a breach of contract.

LoLo ships are cargo ships with on-board cranes to load and unload cargo.

A liftgate is attached to the back of a truck to help with unloading.

A liftgate is used for delivery destinations that do not have a loading dock. Truckers typically charge a fee for this service.

Marine portion of a vessel's route covering the greatest distance, usually across an ocean (e.g. Singapore-Los Angeles).

A freight shipping rate of the loading goods into the ship in the logistics terms that includes in the freight rate, whereas unloading is not.

A live unload is trucking term, meaning that the trucker will wait for the container to be unloaded, instead of doing a drop.

Liquified Natural Gas Carrier.

Physical placement of cargo within a container, truck or on a vessel/ aircraft or other means of transport.

Term used to describe modification and preparation/ translation of products to serve the needs of a specific market.

The management of freight and information throughout the total supply chain from the original raw material source to the ultimate consumer of the finished product, encompasing factories, assembly and packing plants, warehouses, distribution centres and retail outlets.

Also known as stevedore.Worker who loads and unloads a ship. Terminal operator who is designed to facilitate the operation of loading and discharging vessels, as well as other terminal activities.

Long Ton1 Long Ton = 2,240 lbs

LTL is used for smaller shipments that don't fill up a truck on their own.