Transportation & Freight Logistics

Question 1

What are the 5 common modes of transportation and the 1 non-traditional mode

Answer 1

five modes of transportation: truck, rail, air, water, and pipeline.
sixth: when products like movies, books, software, and music are converted to digital formats, the goods become data that no longer require physical transportation. They can be “transported” via the Internet for direct sale to consumers and the volume is growing.

Question 2

What are the 5 key determinants of modal selection

Answer 2

Accessibility, whether a particular mode can physically perform the transport service required
Transit time, critical in supply chain management because of its impact on inventory availability, stockout costs, and customer satisfaction.
Reliability, refers to the consistency of the transit time provided by a transportation mode
Product safety, critical as goods must arrive at the destination in the same condition they were in when tendered for shipment
Cost, A number of factors are taken into consideration when freight rates are developed, including weight of the shipment, distance from origin to destination, nature and value of the product, and the speed required.

Question 3

What are the 3 Transportation Metrics (3 of the Seven Rs)

Answer 3

“at the right time” targets transit time,
“in the right condition” concentrates on freight protection, and
“at the right cost” pertains to rates and billing accuracy.