Logistic terms

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LOLO
Lift-on/Lift-off Vessel
Long Haul
Transportation of cargo by truck over long distances.  
Longitude
Angular distance of a position on the equator east or west of the standard Greenwich meridian, up to 180 degrees east or west.  
Lorry
Motor truck used for transport of goods. Note: Motor truck is an American term. British synonym for motor truck is heavy goods vehicle. This British term means any vehicle exceeding 7.5 metric tons maximum laden weight.  
Loss of Market
Situation in which, for one reason or another, sound cargo is no longer wanted by the consignee when it arrives. This is a "business loss" not recoverable under a Marine Cargo Policy; e.g., Christmas trees arriving in January undamaged. All Risk
LTGE
Lighterage.  
LTL
Less than Truck Load
LTR
Lighter.  
Luffing Crane
Crane with which the load can be moved to or from the vessel horizontally.  
Luggage
Travelers' baggage, suitcases, boxes, etc., normally accompanied by a passenger. Unaccompanied Baggage