Last Free Day (LFD)

Last Free Day (LFD) is a term commonly used in container transportation that refers to the specific deadline by which a container must be returned to the shipping carrier's designated location, typically a port or container yard, without incurring additional charges. It is an important concept for shippers, freight forwarders, and other stakeholders involved in the movement of containers as it determines the allowable free time for container usage and serves as a basis for calculating demurrage charges.