Customs Glossary Guide: Difference between revisions

Line 167: Line 167:


== L ==
== L ==
;LTL
:stands for Less-Than-Truckload. LTL freight consists of small shipments from multiple customers that are consolidated before being transported.
;LVS
;LVS
:The [[Low_Value_Shipment_(LVS)_(Customs_Glossary)|Low Value Shipment (LVS) Program]] streamlines the reporting, release and accounting procedures of certain goods imported by courier.
:The [[Low_Value_Shipment_(LVS)_(Customs_Glossary)|Low Value Shipment (LVS) Program]] streamlines the reporting, release and accounting procedures of certain goods imported by courier.