Logistics Glossary

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Closing

Closing is the estimated time at which loading and unloading activities are finished. Goods must be delivered in time in order for them to be shipped. It is also referred to as Expected Time of Completion.

Stevedoring

More about activity

Warehousing & Customs

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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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