Freight Glossary

Visual glossary of freight

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  • Landed cost: Landed cost refers to the final price of the shipment after the carrier delivers it. It includes any potential additional charges for services requested by the receiver after the shipment has already been booked.
  • Less than Container Load or LCL: LCL is a shipment that does not take up the entire available space of a 20ft. or 40/45 ft. ocean shipping container. LCL freight combines shipments from multiple shippers at a lower costs.      
  • Less Than Truckload (LTL) Shipping: Less Than Truckload shipping aka LTL shipping is the transport of goods that do not take up the entire available space on the truck. LTL freight combines shipments from multiple customers.(...)
  • Limited Access Location: A limited access location is any area where pickup or delivery is restricted. This typically includes commercial or non-commercial sites that may have gates or security inspections, and don’t have(...)
  • Logistics Company: Logistics companies offer services such as transportation, warehousing, and packaging, and they help organizations and businesses streamline supply chains by planning the movement and storage of products and(...)
  • Long Haul: Long haul is a long move of cargo, usually more than 1000 miles.

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