Glossary

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Transit insurance is a type of insurance policy that provides coverage for business goods or personal belongings during transportation from one location to another. Such policies typically offer protection from the moment the goods are loaded onto the specified mode of conveyance (such as a truck) until they reach the destination declared on the policy.

Related Glossaries

Image Clicks

Clicking on images, such as product images in an e-commerce store or thumbnails in a gallery, can be used to view more details or enlarge the image.

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RTO Delivered

After three fail attempts of delivery, an order is marked as RTO by the courier company. RTO delivered means that the return shipment has been delivered to the pickup address, i.e. the seller's warehouse.

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Order Cancellation

Order cancellation occurs when a customer or the e-commerce business decides to cancel an order before it is shipped or fulfilled. This can happen for various reasons, such as changes in the customer's decision or insufficient stock.

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Mid mile logistics

Mid-mile delivery, also referred to as second mile delivery, involves transporting goods from a warehouse or distribution center to a fulfillment facility. In essence, this process entails moving products from a storage facility to a location where they can be briefly held and then dispatched to customers. The mid-mile process typically involves two primary entities: storage facilities and fulfillment centers.

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