LIFO

Definition : Liner In Free Out
Category : Transport & Travel » Water Transport
Country/Region : Worldwide Worldwide
Popularity :

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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Worldwide LIFO Last In, First Out
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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?

Liner In Free Out

What are the full forms of LIFO in Worldwide?

Last In, First Out | Liner In Free Out