Tuesday, May 31, 2011

International Trade Acronyms

Welcome to our weekly list of acronyms used in international trade.  The acronyms found here represent terms used in logistics, imports, exports, government agencies and more.  This week we review acronyms that start with “L.”   Please feel free to contribute additional acronyms to the list.

L/CLetter of Credit
LCBLicensed Customs Broker
LCLLess Than Container Load
LDC  LDDCLeast Developed Country  and Least Developed Developing Country
LIFOLast In First Out
LOILetter of Indemnity
LTL
Less Than Truckload


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