If you are new to logistics and trying to learn more about it, you may come across many terms that can be confusing. Donβt worry. Just keep reading.
In this blog, we list all the technical terms in logistics with a brief explanation so that you need not scratch your head or look up in the dictionary the next time your logistics partner talks technically.
Without further ado, letβs get started.Β
Multimodal logistics refers to moving cargo from the point of departure to the destination via multiple modes of transport like air, land, and sea. A logistics company involved in this is known as a Multimodal logistics company, and Freighbrid is an example.
3PL is nothing but third-party logistics, which is when a business entrusts freight forwarding, warehouse management, and order fulfillment with a third-party logistics company. For instance, Freighbrid is a third-party logistics company in Dubai that assists businesses in moving their goods from point A to B, managing their warehouse, optimising the supply chain, and more.Β
As the name suggests, a Full Truckload (FTL) is a type of shipment where an entire trailer is filled with dedicated goods of one business. Therefore, that particular business will have control over the trailer. Also, the truck wonβt stop in between trips and will directly head to the destination. The concept of FCL is the same. The only difference is that a container is used in FCL.
LTL is a shipping service for a small number of goods weighing less than 4000 pounds. Hence, LTL only requires part of the trailer, but usually, goods from one or more shippers will be consolidated in LTL shipments to consume the trailerβs space. On the other hand, when itβs a container instead of a trailer, itβs LCL.
Loading and unloading goods will become much easier when you use equipment like this. Always ensure you are purchasing that equipment from reputed brands because we want to use it for the long term.
While a forklift helps to lift and move goods with its prongs, a ramp makes it easy to load and unload goods, thanks to its slanted posture. Now, a tailgate comes equipped at the back of the truck itself and helps to lift goods from the ground level. And, a crane, as you might already know, helps to lift heavy goods with ease.
These abbreviations might be new to you, but their full forms β Consignor & Consignee β would be familiar. While consignor means the person who is sending the goods, the consignee is the one who receives the shipment. You can often see these terms in some of the documents involved in logistics.
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