Ship/Rail/Truck/Air Flashcards
what ways are imputs & productstransported
ship,
rail
truck
air
the farther something is transported, the —-the cost PER kilo
lower
why is it cheaper the farther the transport
firms must pay workers to load goods on and off the vehicles whether materials travel 100 or 1000000 kilo
trucks
used for short distance
b/c wuick load and unload
trains
longer than a day transport (East to West coast)
ships
long distances cuz cost per kilo is low
slow
air
most expensive
speedy deliveries of small bulk/ high value
containerixation
has facilitated transfer of packages between modes
can be packed into railcar->trucks to airport->fly to destination->trucks to deliver…
costs —–each time goods tansferred from modes
rises
most companies using multiple modes locate at a —- point
break of bulk
what is the break of bulk point
location whee transfer among transportation modes is possible
some important break of bulk points
seaports/aiports
example of firm located at break of bulk point
steel mill in baltimore receives iron ore by ship from south ameica and
gets coal by train from appalachia