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GLOSSARY

A glossary of widely used words in the logistics industry. Delve into the
background and meaning of these terms.

Daigou
A person who facilitates the buying and selling of international products on behalf of a customer in mainland China
De minimis
A value below which goods can be shipped into a country before duties & taxes are assessed
Demurrage
A charge imposed by shipping lines on merchants who do not pick up the containers on time
Digital twinning
The act of virtually replicating a physical product, process or system
Drop shipping
A retail fulfillment method in which an online store does not keep goods in stock, but sells a product by shipping it directly from a third-party supplier to customer