LIFO
Definition | : | Liner In Free Out |
Category | : | Transport & Travel » Water Transport |
Country/Region | : | Worldwide |
Popularity | : |
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What does LIFO mean?
Liner In Free Out (LIFO) means that the cost of loading the vessel at the port loading are included (Liner In) and the cost of unloading the vessel at the port of destination are not included (Free Out). In other words, that the liner is responsible for the loading (In) costs at the Port of Load and the consignee is responsible for the discharging (Out) costs at the Port of Discharge
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LIFO | Last In, First Out |
Frequently Asked Questions (FAQ)
What is the full form of LIFO in Shipping Terms?
The full form of LIFO is Liner In Free Out
What is the full form of LIFO in Transport & Travel?
What are the full forms of LIFO in Worldwide?
Translation
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