Allowance
In logistics, an allowance refers to a permissible deviation or concession from standard terms, such as weight, volume, or delivery time. Allowances are typically negotiated between shippers and carriers to accommodate specific needs or circumstances, ensuring flexibility in the logistics process.
Related glossary terms
Free time
Free time in logistics is the period granted by a carrier or terminal during which a container may be stored or used without incurring demurrage or detention…
Demurrage Charges
Demurrage is the port fee charged when a loaded container sits at the terminal past free time. Learn LFD, demurrage vs. detention, and how to avoid charges.
Detention
Detention is the per-day fee charged when a container is held outside the terminal beyond free time. Learn how detention differs from demurrage and per diem.
Per Diem
Per Diem in shipping refers to daily charges for using a container beyond the carrier's free time, applying to demurrage inside the port and detention outside…
