Laid-Down cost: The sum of the unit and transportation can cost you. This new placed-down rates is useful when you look at the comparing the full price of an effective equipment sent off additional also have sources so you can a consumer’s part out-of have fun with.
Since conditions barge and mild are used interchangeably, a great barge constantly means a vessel useful for a lengthy carry, if you find yourself a lighter is used having an initial transport
Landed Rates: Price of equipment in addition to associated logistics can cost you, instance transport, warehousing, handling, etcetera. Also referred to as Overall Landed Cost of Internet Arrived Will set you back.
LASH Vessel: A watercraft computing at the least 820 base enough time which have a platform crane capable stream and you can empty barges due to a harsh part one projects across the water. The new acronym LASH is short for Lighter (barge) Up to speed Boat.
Last in First-out (LIFO): In the collection handle and you may monetary accounting, this is the practice of playing with stock of inventory to the the cornerstone of that which was acquired last try consumed earliest. It offers minimal use in inventory remaining that’s mainly good cost-accounting method.
Last Upgraded: A night out together and day stamp that’s filed whenever an industry or list try past modified because of the user.
Head Strategies Supplier (LLP): An organization one to arranges most other 3rd party logistics people having contracted out regarding logistics qualities. Also look for: Last Group Logistics.
Direct Date: The entire date you to definitely elapses ranging from a keen order’s positioning and its receipt. It gives the time you’ll need for buy transmittal, purchase running, order preparation, and transportation.
Leg: A toes has a provider, appeal, and you may supplier that will be consisting of all of the consecutive segments from good channel booked through the same service provider. Also referred to as Bookable Feet.
Less-Than-Containerload (LCL): A phrase utilized whenever services and products don’t totally inhabit a whole basket. Whenever of many shipper’s items consume one basket, for every single shipper’s shipping is recognized as being LCL.
Less-Than-Truckload (LTL) Carriers: Trucking companies that combine and you can transportation smaller (less than truckload) distribution away from products using a system regarding terminals and you can exchange factors.
Letter from Borrowing (LOC): An approach to fee to have products where in actuality the buyer oriented his borrowing which have an area lender, certainly explaining the products as purchased, the cost, the latest paperwork necessary, and you will a period limit to possess end of the exchange. Upon acknowledgment of documents, the financial institution try possibly paid back because of the customer or takes label on the goods themselves and you can proceeds in order to transfer finance towards the seller.
Lives Years Pricing: In cost account, a beneficial item’s existence period ‘s the period you to begins with new 1st tool conceptualization and you can ends up on the detachment of the tool in the industries and you will finally temper. A product lifetime period is described as certain defined values, together with search, creativity, addition, readiness, refuse, and you will abandonment. Life period cost ‘s the amassed costs sustained from the an item throughout these amount.
Less-Than-Truckload (LTL): Trucking businesses that consolidate and you will transportation smaller (below truckload) shipment out-of cargo by using a network away from terminals and you can relay things
Lift into the, Lift off (LO/LO): A method wherein freight was piled on to and you will unloaded from an ocean ship, which in this example is by using an excellent crane.
Range Qualities: The option-to 
make parts businesses associate with every single day businesses. Strategies line features include visitors government, collection control, purchase processing, warehousing, and you may packing.
Linked Delivered Assistance: Independent computers owned by independent communities linked you might say so that head updates is made to that program by another. Like, a customer’s computers is related in order to a great supplier’s system and you will the customer can cause sales or releases directly in brand new supplier’s system.
