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Shipping Glossary
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Shipping Glossary
L.A.Letter of Authority |
L.C.L.Less than containerload. The quantity of freight which is less than that required for the application of a container load rate. Loose freight |
L.T.L.Less than truckload. The quantity of freight less than that required for the application of a truckload rate |
L/ComLetter of commitment |
LadenLoaded aboard a vessel |
LadingRefers to the freight shipped. The contents of a shipment |
LAFLICENCE ADMINISTRATIVE FEE |
LandbridgeMovement of cargo by water from one country through the port of another country, then using rail or truck, to an inland point in that country or to a third country. (Example: a through movement of Asian cargo to Europe across North America.) |
Landed CostThe total cost of a good to a buyer, including the cost of transportation |
Landing CertificateCertificate issued by consular officials of some importing countries at the point or place of export when the subject goods are exported under bond |
