Tag, label, sticker; particularly important in air freight transportation. Here, all packages must be labeled with AWB number, destination airport, marking and recipient. A label is a term used to identify, mark, or classify something. In general, the term “label” is used in various contexts, both physical and digital. Here…
Letter of credit
Payment guarantee issued by the buyer’s bank in favor of the seller (accredited = beneficiary), provided that the latter fulfills its obligations under the purchase contract.
Letter of credit
A letter of credit is a payment guarantee from the buyer’s bank in favor of the seller (accredited party = beneficiary), provided that the seller fulfills his obligations under the purchase contract It is also a payment instrument in international trade that is used to secure payments between buyers and…
Load weight Payload
Load weight or payload refers to the weight of cargo or luggage that a vehicle or machine can carry. It is the maximum mass that can be moved over a given distance without compromising the safety or performance of the means of transportation. The load weight varies depending on the…
Loading slip
A document issued by the carrier concerning his obligations to deliver the cargo to the authorized holder of the bill. A bill of lading is a document that represents proof of receipt or delivery of goods in a cargo shipment. It is usually issued by freight forwarders, shipping companies or…
Loading time
Target range within which the goods must be loaded and unloaded in road haulage. Generally, it refers to a period of time set aside for the loading or unloading of goods or the exchange of materials. Here are some common meanings of the term: Loading period in transportation: When it…
Logistics
Logistics in transportation In the context of transportation, logistics encompasses the organization and execution of the entire flow of goods from the source to the end consumer. This includes the following central tasks and components: Main components of logistics in transportation Transportation: Movement of goods via different modes of transport…
Long goods
In logistics and transportation, long goods are materials or products that require special handling and storage due to their length. These goods are typically longer than they are wide or high and can reach a length of several meters. The requirements for long goods transportation are therefore very high and…