L2 Document
A type of authorization certificate that international logistics operating companies must have according to the Road Transport Law.…
Last In First Out
A principle foreseeing that the last entered material will be the first to exit.
Laydays and Cancelling Clause – LayCan
The time interval during which the ship can remain at the designated port for loading or unloading.
LCL Freight Calculation
In partial loading, the cubic metre calculation is performed, and the actual weight is compared with the volumetric…
LI-FO
Loading fee included in the freight. Unloading fee not included in the freight.
LI-LO
Loading and unloading fees are included in the freight.
LINER IN (LI)
Loading fee is borne by the shipowner.
LINER OUT (LO)
Unloading fee is borne by the shipowner.
Loading
The process of safely placing materials onto a vehicle such as a train, plane, or truck for shipment.
Loading Area
Area where loads are placed, such as pallets or platforms.
Loading Meter
It is the loading meter inside a vehicle, that is, the expression of the area occupied by cargo…
Location Stock Accuracy
The one-to-one match between products physically present in a location within a logistics facility and the products recorded…
Logistics
It is the physical flow composed of transportation, storage, packaging, and handling, along with the service flow composed…
Logistics Management
The phase of the supply chain process that involves the effective and efficient planning, implementation, and control of…
Low Bed Trailer
A semi-trailer is a type of trailer designed to transport loads that exceed the standard dimensions and weight…
Low Surfur Adjustment
Additional fee charged for low surf price adjustment.
