The logistics dictionary

The final leg of delivery, where the shipment is delivered to the customer. Disclaimer Our content is not in any way legal advice or binding. The information provided by might not be the official legal or full definition. Also when […]

Last Mile Delivery Robots are autonomous vehicles which are used for autonomous Last Mile delivery. They are used to deliver the product or service to customer’s doorstep without any human intervention in the entire process. It ensures that the product […]

Lead generation (for transport, freight, Warehousing and Fulfillment services) can be defined as the process of attracting prospects and converting them into someone who has an interest in your company’s products and services. Disclaimer Our content is not in any […]

A Letter of Credit is a letter issued by a bank to another bank (especially one in a different country) to serve as a guarantee for payments made to a specified person under specified conditions.A Letter of Credit is also […]

Designed for the road Transport of timber and pipe products. Load 10-25 tonnes A logging truck or timber lorry is a large truck used to carry logs. Some have integrated flatbeds, some are discrete tractor units, and some are configured […]

A logistics control tower provides end-to-end visibility across the supply chain. Especially into unforeseen external events. It should leverage advanced technologies, such as AI with machine learning, to help you break down data silos, reduce or eliminate manual processes, and […]

Logistics Service Provider means a company providing any one or more services related to the management over the flow of goods and materials between points of origin to end-use destination, including but without limitation to rail/road/sea/air transportation, air cargo, cargo consolidation, […]

Disintermediation is the removal of intermediaries in economics from a supply chain, or “cutting out the middlemen” in connection with a transaction. Instead of going through traditional brokerage channels, an agent, logistics control towers, Transport management vendors, and platforms which […]

LoLo stands for LIFT-ON/LIFT-OFF or Load On – Load Off and describes cargo ships with on-board cranes to load and unload cargo. However, these ships can be termed as geared vessels, because they have the cranes on the top. LoLo […]

A Louvre is a railroad car that is enclosed and generally used to carry freight. The Boxcars (also called Covered (goods) Van / Louvre / Covered wagon), while not the simplest Freight car design, is probably the most versatile since […]

Depending on what part of the world you are in, a lowboy trailer, also known as a double drop, low loader, low-bed, or a float trailer, is a semi-trailer with a drop deck. A lowboy trailer is commonly used to haul heavy equipment […]

LTL refers to less-than-truckload. LTL is when multiple shippers’ Freight is on the same trailer rather than having a single company’s Freight exclusively on an individual trailer. Several LTL shipments are combined into one truck to fill it as near […]