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CHAPTER 8: Transportation;Transport functionality and participants
From regulation to a free market system
Transportation modal structure
Specialized transportation service
Transportation economics and pricing
Transportation management
Documentation
Product pricing and transportation;Transport functionality and participants
From regulation to a free market system
Transportation modal structure
Specialized transportation service
Transportation economics and pricing
Transportation pricing
Documentation
Product pricing and transportation;Product movement is the movement of inventory to specified destinations
Restrictive element—in-transit inventory is “captive”, usually inaccessible during transportation
Flexible element—inventory can be diverted during shipment to a new destination
Transportation consumes time, financial, and environmental resources
Transportation is more than 60% of the cost of logistics
One of largest consumers of oil and gas in US
Impacts traffic congestion, noise and air pollution;Transport also functions as storage services for products while in a vehicle;Two fundamental transport principles; Transport participants;Major relationships among transportation participants;Shipper and consignee have a common interest in moving goods from origin to destination within a given time at the lowest cost
Carriers desire to maximize their revenue for movement while minimizing associated costs
Agents (brokers and freight forwarders) facilitate carrier and customer matching
Government desires a stable and efficient transportation environment to support economic growth
Public is concerned with transportation accessibility, expense, and standards for security, safety and the environment;The Internet now provides the vital communications links between the transactional participants (shipper-carrier-consignee)
Replacing phone and fax technologies
Web-based enterprises provide information marketplaces
Freight matching
Fuel, equipment, parts and supplies purchases;T
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