Glossary

Would you like to know what a certain transport term means? Click on the first letter of the term below.

LIFO

LIFO (Liner In / Free Out) is FILO in reverse. In the event of LIFO, loading the goods into the ship is included in the freight rate, whereas unloading is not. In this instance, the recipient of the goods at the place of destination must pay for unloading from the ship separately.

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