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A warehouse in South Jersey, a U.S. East Coast epicenter for logistics and warehouse construction outside Philadelphia, where trucks deliver slabs of granite [1]. Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the point of consumption according to the needs of customers.
Supply chain management is a cross-functional approach that includes managing the movement of raw materials into an organization, certain aspects of the internal processing of materials into finished goods, and the movement of finished goods out of the organization and toward the end consumer.
Containerization, also referred as container stuffing or container loading, is the process of unitization of cargoes in exports. Containerization is the predominant form of unitization of export cargoes today, as opposed to other systems such as the barge system or palletization. [ 2 ]
Freight transport, also referred as freight forwarding, is the physical process of transporting commodities and merchandise goods and cargo. [1] The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air (International English: "carriage") as well.
There are three broad port business models: The landlord business model in which: “the port is an entity that owns the port infrastructure and has agreements with third party operators”; The integrated model in which “the port is itself an operator that provides all cargo handling services”; and. The mixed model in which “the port ...
121-144. 145-167. Data unavailable. The Logistics Performance Index (LPI) [1] is an interactive benchmarking tool created by the World Bank to help countries identify the challenges and opportunities they face in their performance on trade logistics and what they can do to improve their performance. [2] It is the combination of the weighted ...
This picture illustrates a variety of transportation systems: public transportation; private vehicle road use; and rail. Transport economics is a branch of economics founded in 1959 by American economist John R. Meyer that deals with the allocation of resources within the transport sector. [1] It has strong links to civil engineering.
Freight rate. A freight rate (historically and in ship chartering simply freight[1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport (truck, ship, train, aircraft), the weight of the cargo, and the distance to the delivery destination.