Glossary

B2B

Business-to-business

B2C

Business-to-consumer

Consignee

The person or entity to whom the shipment is to be delivered to whether by land, sea or air

Customs clearance

The accomplishment of the Customs formalities necessary to allow goods to enter the fiscal territory for home use, or to be exported.

LPI 

Logistics Performance Index (used through 2023)

LPI 2.0

Logistics Performance Indicators 2.0 (used from 2025 onward) 

Multimodal transport

The transportation of goods (whether under a single multimodal transport contract or not), performed with at least two different means of transport

Tracking and tracing

Process determining the current and past locations (and other information) of a unique item or property

UNLOCODE

United Nations Code for Trade and Transport Locations