Part load

Updated: Aug 20, 2021

A term used with reference to transport, normally road transport. Rather than hire a vehicle, someone wishing to send goods may buy space in a vehicle already going to a particular area without a full load. This can be a cheap way of sending those goods.

Reference: The Penguin Business Dictionary , 3rd edt.

Sources & references
Risk disclaimer
James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.