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GLOSSARY

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

Nearshoring
Outsourcing of business processes to an external company based in a nearby country or location
Next-generation packaging
The evolution of sustainable materials and technology used for packaging allows it to react to changes in the contents or environment.
NVOCC (Non-Vessel Operating Common Carrier)
A company that transports goods under its own House Bill of Lading, or equivalent documentation, without operating ocean transportation vessels