A system in which a carrier or service provider reserves a predetermined quantity of transport capacity or space for a shipper or customer over a specified period to ensure guaranteed space allocation.
Source: https://www.supplychaindictionary.com/definition/allotment-system
Tools that match this term
You might also be interested in these terms
Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.
Weekly: Top news, industry facts and insights from the world of logistics – free.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.