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GLOSSARY OF WORDS

3PL (Third Party Logistics)

External supplier providing complete logistics services.

3PL represents outsourcing of logistics to a specialized partner. Includes warehousing, shipping and distribution, reducing costs for customers.

Other terms

ETA (Estimated Time of Arrival)

Estimated time of arrival of a transport.
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E

Incoterms 2020

International set of trade rules for transportation.
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I

Last mile delivery

Delivery to the customer's final destination.
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L

Pick and pack

Logistic process of product selection and packaging.
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P

ETA/ETD

Estimated hours of arrival and departure of transport.
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E

4PL (Fourth Party Logistics)

Logistics coordinator managing multiple 3PL providers.
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F

GPS System

Technology for tracking vehicles in real time.
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G

Digital tachograph

Electronic device that records driving times.
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D

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