The Last Free Day (LFD) refers to the final day that goods can be stored at a port or warehouse without incurring additional charges. After the LFD, businesses may face storage fees, demurrage, or detention charges if goods remain in the facility. The concept of LFD is crucial in shipping and logistics, as it helps companies plan for the timely pickup or movement of cargo to avoid unnecessary costs. In the context of beverage logistics, understanding the LFD is essential to managing inventory and ensuring timely deliveries of products, helping maintain smooth operations and cost efficiency.