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Glossary

Lashing
Stowing and securing cargo transport
Laytime
Number of days stipulated and allocated for chartering a vessel for cargo loading and unloading operations.
LCL
Less than Container Load
LCO
Lithium Cobalt Oxide. Cathode material with a chemical formula of LiCoO2. LCO has high specific energy and high cost due to high cobalt content.
LFP
Lithium Iron Phosphate. A type of cathode material containing LiFePO4. LFP is one of the safest li-ion battery cathodes, but with low specific energy.
Li-Ion
Lithium Ion battery
Licensed customs agent
A natural or legal person who has obtained an authorization from the Minister responsible for customs
LIFO
Last In / First Out
Lithium Cobalt Oxide
Crystalline solid used as a compound in the cathodes of some Lithium-Ion (Li-Ion) batteries
Lithium Ion battery (Li-Ion)
Storage battery using lithium in ionic form
Lithium Iron Phosphate Battery (LFP)
Lithium ion batteries with lithium iron phosphate cathodes (LiFEPO4).
Litigation
Disagreement between two parties (ex: the customer and GEFCO) about a non-conformity / customer complaint without any solution found.
Lo-Lo
Lift-on, Lift-off
LTL
Less than Truck Load
LTSR
GEFCO-specific dispute, meaning: Transport Dispute Without Insurance Appeal.