Understanding the Process of a Typical LTL Delivery

What process does a typical LTL delivery follow?

The correct process that a typical LTL delivery follows is: Pickup from shipper, move to origin terminal, load for line haul, move to destination terminal, load for local delivery to customer.

Delivery in the financial markets refers to the act of transmitting a good, money, security, cash, or another item that is the subject of such a contract. In the context of derivative contracts like options and futures, delivery plays a crucial role. There are different types of goods delivery, including actual delivery and symbolic delivery.

Actual Delivery involves the physical transfer of the goods under contract by the seller or his authorized representative to the buyer or his authorized representative. On the other hand, Symbolic Delivery occurs when a physical transfer is not possible due to the size or weight of the products, and a metaphorical handover is executed.