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Freight Technology
The freight technology sector, also known as FreightTech, refers to software companies and technologies which assist in supply chain management and the movement of freight. In the five years following 2014, investment in FreightTech companies grew from $118 million to $3 billion per year. Disruption of traditional logistics and supply chain management The shipping and logistics industry has long been viewed as conservative and slow-to-change, in part due to complex relationships within global shipping and transportation networks, difficult documentation and customs requirements, lack of transparency among involved parties, and obstacles to adapting quickly to sudden economic changes. Recent developments in freight technology are working to modernize and simplify freight transport. According to a report from the U.S. Department of Transportation, intelligent freight technologies have multifaceted benefits in shipping and logistics. These include increased operational flexibility ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Software Industry
The software industry includes businesses for development, maintenance Maintenance may refer to: Biological science * Maintenance of an organism * Maintenance respiration Non-technical maintenance * Alimony, also called ''maintenance'' in British English * Champerty and maintenance, two related legal doct ... and software publisher, publication of software that are using different business models, mainly either "license/maintenance based" (on-premises) or "Cloud computing, Cloud based" (such as SaaS, PaaS, IaaS, Mobile backend as a service, MBaaS, MSaaS, DCaaS etc.). The industry also includes software services, such as training, software documentation, documentation, consulting and data recovery. The software and computer services industry spends more than 11% of its net sales for Research & Development which is in comparison with other industries the second highest share after pharmaceuticals & biotechnology. History The first company founded to provide software pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Border Checkpoint
A border checkpoint is a location on an international border where travelers or goods are inspected and allowed (or denied) passage through. Authorization often is required to enter a country through its borders. Access-controlled borders often have a limited number of checkpoints where they can be crossed without legal sanctions. Arrangements or treaties may be formed to allow or mandate less restrained crossings (e.g. the Schengen Agreement). Land border checkpoints (land ports of entry) can be contrasted with the customs and immigration facilities at seaports, international airports, and other ports of entry. Checkpoints generally serve two purposes: * To prevent entrance of individuals who are either undesirable (e.g. criminals or others who pose threats) or simply unauthorized to enter. * To prevent entrance of goods that are illegal or subject to restriction, or to collect tariffs. Checkpoints are usually staffed by a uniformed service (sometimes referred to as customs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Railroad Car
A railroad car, railcar (American and Canadian English), railway wagon, railway carriage, railway truck, railwagon, railcarriage or railtruck (British English and UIC), also called a train car, train wagon, train carriage or train truck, is a vehicle used for the carrying of cargo or passengers on a rail transport system (a railroad/railway). Such cars, when coupled together and hauled by one or more locomotives, form a train. Alternatively, some passenger cars are self-propelled in which case they may be either single railcars or make up multiple units. The term "car" is commonly used by itself in American English when a rail context is implicit. Indian English sometimes uses "bogie" in the same manner, though the term has other meanings in other variants of English. In American English, "railcar" is a generic term for a railway vehicle; in other countries "railcar" refers specifically to a self-propelled, powered, railway vehicle. Although some cars exist for the railroa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Locomotive
A locomotive or engine is a rail transport vehicle that provides the Power (physics), motive power for a train. If a locomotive is capable of carrying a payload, it is usually rather referred to as a multiple unit, Motor coach (rail), motor coach, railcar or power car; the use of these self-propelled vehicles is increasingly common for passenger trains, but rare for freight (see CargoSprinter). Traditionally, locomotives pulled trains from the front. However, Push-pull train, push-pull operation has become common, where the train may have a locomotive (or locomotives) at the front, at the rear, or at each end. Most recently railroads have begun adopting DPU or distributed power. The front may have one or two locomotives followed by a mid-train locomotive that is controlled remotely from the lead unit. __TOC__ Etymology The word ''locomotive'' originates from the Latin language, Latin 'from a place', Ablative case, ablative of 'place', and the Medieval Latin 'causing mot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Timetable
A schedule or a timetable, as a basic time-management tool, consists of a list of times at which possible tasks, events, or actions are intended to take place, or of a sequence of events in the chronological order in which such things are intended to take place. The process of creating a schedule — deciding how to order these tasks and how to commit resources between the variety of possible tasks — is called scheduling,Ofer Zwikael, John Smyrk, ''Project Management for the Creation of Organisational Value'' (2011), p. 196: "The process is called scheduling, the output from which is a timetable of some form". and a person responsible for making a particular schedule may be called a scheduler. Making and following schedules is an ancient human activity. Some scenarios associate this kind of planning with learning life skills. Schedules are necessary, or at least useful, in situations where individuals need to know what time they must be at a specific location to receive a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rail Freight Transport
Rail freight transport is the use of railroads and trains to transport cargo as opposed to human passengers. A freight train, cargo train, or goods train is a group of freight cars (US) or goods wagons (International Union of Railways) hauled by one or more locomotives on a railway, transporting cargo all or some of the way between the shipper and the intended destination as part of the logistics chain. Trains may haul bulk material, intermodal containers, general freight or specialized freight in purpose-designed cars. Rail freight practices and economics vary by country and region. When considered in terms of ton-miles or tonne-kilometers hauled per unit of energy consumed, rail transport can be more efficient than other means of transportation. Maximum economies are typically realized with bulk commodities (e.g., coal), especially when hauled over long distances. However, shipment by rail is not as flexible as by the highway, which has resulted in much freight being haul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reconciliation (accounting)
In accounting, reconciliation is the process of ensuring that two sets of records (usually the balances of two accounts) are in agreement. Reconciliation is used to ensure that the money leaving an account matches the actual money spent. This is done by making sure the balances match at the end of a particular accounting period. Definition The following two definitions are given by the Oxford Dictionary of Accounting. i) “A procedure for confirming that the balance in a chequebook matches the corresponding bank statement. This is normally done by preparing a bank reconciliation statement.Owen, G. and Law, J. (2005). A dictionary of accounting. Oxford: Oxford University Press. ii) A procedure for confirming the reliability of a company’s accounting records by regularly comparing alances of transactions An account reconciliation may be prepared on a daily, monthly, or annual basis.” The generally accepted accounting principles (GAAP) are a set of accounting principl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electronic Billing
Electronic billing or electronic bill payment and presentment, is when a seller such as company, organization, or group sends its bills or invoices over the internet, and customers electronic bill payment, pay the bills electronically. This replaces the traditional method where invoices were sent in paper form and payments were done by manual means such as sending cheques. There are a number of advantages to electronic billing that include the faster presentation of invoices and reductions in costs in handling paper document. However to take full advantage of electronic billing both seller and buyer need to have in place computer systems able to handle electronic billing and have access to financial institutions that can do electronic payments. History The development of electronic billing and payments started in the late 20th century, and whilst its exact origins are unclear, it is generally agreed that development of electronic billing coincided with the rise of the Informatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cost Accounting
Cost accounting is defined as "a systematic set of procedures for recording and reporting measurements of the cost of manufacturing goods and performing services in the aggregate and in detail. It includes methods for recognizing, classifying, allocating, aggregating and reporting such costs and comparing them with standard costs." (IMA) Often considered a subset of managerial accounting, its end goal is to advise the management on how to optimize business practices and processes based on cost efficiency and capability. Cost accounting provides the detailed cost information that management needs to control current operations and plan for the future. Cost accounting information is also commonly used in financial accounting, but its primary function is for use by managers to facilitate their decision-making. Origins of Cost Accounting All types of businesses, whether manufacturing, trading or producing services, require cost accounting to track their activities. Cost accounting h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Data Logger
A data logger (also datalogger or data recorder) is an electronic device that records data over time or about location either with a built-in instrument or sensor or via external instruments and sensors. Increasingly, but not entirely, they are based on a digital processor (or computer), and called digital data loggers (DDL). They generally are small, battery-powered, portable, and equipped with a microprocessor, internal memory for data storage, and sensors. Some data loggers interface with a personal computer and use software to activate the data logger and view and analyze the collected data, while others have a local interface device (keypad, LCD) and can be used as a stand-alone device. Data loggers vary from general-purpose types for a range of measurement applications to very specific devices for measuring in one environment or application type only. It is common for general purpose types to be programmable; however, many remain as static machines with only a limited n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cold Chain
A cold chain is a low temperature-controlled supply chain network. An unbroken cold chain is an uninterrupted series of refrigerated production, storage and distribution activities, along with associated equipment and logistics, which maintain quality via a desired low-temperature range. It is used to preserve and to extend and ensure the shelf life of products, such as fresh agricultural produce, seafood, frozen food, photographic film, chemicals, and pharmaceutical products. Such products, during transport and end-use when in transient storage, are sometimes called cool cargo. Unlike other goods or merchandise, cold chain goods are perishable and always en-route towards end use or destination, even when held temporarily in cold stores and hence commonly referred to as "cargo" during its entire logistics cycle. Adequate cold storage, in particular, can be crucial to prevent quantitative and qualitative food losses. History Mobile refrigeration with ice from the ice trade began ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
