Logistics Glossary

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Brokerage

Brokerage is the percentage of freight payable to broker (by owners in c/p’s) or applicable to sale or purchase.

Stevedoring

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Related terms

  • First Party Logistic Model (1PL)
  • Second Party Logistic Model (2PL)
  • Third Party Logistic Model (3PL)
  • Fourth Party Logistic Model (4PL)
  • Fifth Party Logistic Model (5PL)

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