lesson 3-mode of transport Flashcards
six main modes of transportation
rail
maritime
air
intermodal
pipeline
road
whoever can move the greatest volume of product with the greatest speed over the greatest distance at the lowest cost
Logistics managers hire the carrier who fits four traits
The first, and most common mode of transportation
road
most versatile
road
is the only mode that performs door-to-door deliveries
road
The two main forms of road transport
full-truckload (FTL)
less-than truckload (LTL)
its main downside is the external influences that play into its effectiveness, primarily weather, traffic, and road regulations
road transport
is for shipments with enough volume to require a full truck of dedicated space
full-truckload (FTL)
is for smaller shipments which do not require a whole truck space
less-than-truckload (LTL)
this system of transport is known for the Hub and Spoke model
LTL
its advantage is only to pay for the portion of the truck occupied by their freight
LTL
its disadvantage is the multiple stops and transfers that the shipment undergoes en route to its destination
LTL
its advantage is much faster because it does not operate on a hub and spoke model
FTL
its downside is that a shipper must ship a lot of freight in order to make the shipment economical
FTL
has been practiced for thousands of years and remains pivotal to today’s global trade.
maritime transport
90% of all international trade
maritime transport
have capacity to transport the highest volume of freight of any mode of transportation at the lowest cost.
maritime transport
its greatest disadvantage is that the speed at which they operate
maritime
slowest mode of transport
maritime
closest alternative to maritime shipping
air shipping
the newest mode of transport
air
is the fastest growing and most time efficient shipping mode.
air transportation
the most expensive way to ship
air transport
First invented for use in the early 19th century
rail
is used more exclusively for the largest and heaviest payloads (bulk cargo) traveling across land.
rail
is confined to a more limited infrastructure than road transport
rail
costly and time consuming to construct
rail
one shipment is completed using multiple modes of transportation
intermodal
its purpose is to take advantage of the individual strengths of the different modes, thus reducing costs
rail
is a firm specializing in the arrangement of cargo on behalf of shippers. In most cases, they provide a variety of supply chain services, including: Ocean or air freight transportation.
freight forwarders
not a formal mode of transportation
pipeline shipping
unrefined fossil fuels such as gas and oil from their point of origin to the point where they can then be transferred
pipeline transport
