International Shipping Terms Glossary
Glossary Terms for "L"
| Type | Meaning |
|---|---|
| Labeling | Surcharge associated with labeling items. |
| LCL (Less Than Container Load) | Delivery of collective cargoes transported in a common container with other shippers. |
| Letter Of Credit | A bank instruction guaranteeing payment to the seller once delivery conditions are met. |
| LTL (Less Than Truck Load) | Goods of different consignees consolidated in warehouses and transported together. |