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Transportation is a very visible element of logistics. Consumers are accustomed to seeing trucks and trains transporting product or parked at business facilities.
Few consumers fully understand just how dependent our economic system is upon economical and dependable transportation.
The freight transportation structure consists of the rights-of-way, vehicles, and carriers that operate within five basic transportation modes.
Transportation is critical to logistical performance. Traffic departments commit and manage nearly 60% of a typical firm’s logistics expenditures.
The Incoterms® are a set of 11 individual rules issued by the International Chamber of Commerce (ICC) which define the responsibilities on each transaction.
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