SM Line

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Shipping Glossary

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Load Ratio

The ration of loaded miles to empty miles per tractor

LOC

LOADING CRANE SURCHARGE

Long Form B/L

One with terms and conditions on back of document

Long Ton

2,240 pounds

Longshoreman

Individual employed locally in a port to load and unload ships

LOO

LIFT ON/OFF AT AUSTRALIAN

Loose

Without packing

Low-Boy

A trailer or semi-trailer with no sides and with the floor of the unit close to the ground

LRC

LINERBAG REMOVAL CHARGE

LSF

LOW SULPHUR FUEL SURCHARGE