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.
The selection of a mode of transportation offering that includes a mode of transportation depends on the different characteristics of the service.
International transportation is a complex process that involves multiple logistical, regulatory and operational factors.