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Business Glossary
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| Laden | Loaded. |
| Last In First Out | A method of stock control whereby containers which have entered a deport or terminal last are the first to be removed. Abbreviated: LIFO. |
| LCL | See 'Less Than Container Load' |
| Lead Haulier | The principal transport company appointed by a carrier. |
| Less Than Container Load | A consignment that does not entirely fill a container. |
| LIFO (See 'Last-in, First-out') | See 'Last-in, First-out' |
| Limit of Liability | The maximum liability associated with transport move in the event of a claim. |
| Loading | Physical stuffing of goods into a container. |
| LOLO | See 'Lift-on, Lift-off Vessel' |
| London Lorry Ban | A ban on heavy goods vehicles at night and at weekends within the London area. |
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