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Freight transport, also referred as ''Freight Forwarding'', is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air (International English: "carriage") as well. "Logistics", a term borrowed from the military environment, is also used in the same sense. Modes of shipment In 2015, 108 trillion tonne-kilometers were transported worldwide (anticipated to grow by 3.4% per year until 2050 (128 Trillion in 2020)): 70% by sea, 18% by road, 9% by rail, 2% by inland waterways and less than 0.25% by air. Grounds Land or "ground" shipping can be made by train or by truck (British English: lorry). In air and sea shipments, ground transport is required to take the cargo from its place of origin to the airport or seaport and then to its destination because it is not always possible to establish a production facility n ...
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Shipping Routes Red Black
Freight transport, also referred as ''Freight Forwarding'', is the physical process of transporting Commodity, commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air (International English: "carriage") as well. "Logistics", a term borrowed from the military environment, is also used in the same sense. Modes of shipment In 2015, 108 trillion tonne-kilometers were transported worldwide (anticipated to grow by 3.4% per year until 2050 (128 Trillion in 2020)): 70% by sea, 18% by road, 9% by rail, 2% by inland waterways and less than 0.25% by air. Grounds Land or "ground" shipping can be made by train or by truck (British English: lorry). In air and sea shipments, ground transport is required to take the cargo from its place of origin to the airport or seaport and then to its destination because it is not always possible to establish a production f ...
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Jawaharlal Nehru Trust Port
Jawaharlal Nehru Port Trust (JNPT) or JLN Port, also known as Nhava Sheva Port, is the second largest container port in India after Mundra Port. Located in Navi Mumbai's Raigad district, this port on the Arabian Sea is accessed via Thane Creek. It's a nodal city of Navi Mumbai. Its common name derives from the names of Nhava and Sheva villages that are situated here. This port is also the terminal of Western Dedicated Freight Corridor. History The port was established on 26 May 1989. JN Port is the second largest container handling port in India after Mundra Port, crossing the historic landmark of 4 million TEUs (Twenty-foot equivalent units) in container throughout consecutively for the last five years. JNP consist of a full-fledged Custom House, 30 Container Freight Stations and connectivity to 52 Inland Container Depots across the country. The hinterland connectivity both by rail and road is being further strengthened by ongoing projects like the Dedicated Freight Cor ...
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Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism Th ...
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International Chamber Of Commerce
The International Chamber of Commerce (ICC; French: ''Chambre de commerce internationale'') is the largest, most representative business organization in the world. Its over 45 million members in over 100 countries have interests spanning every sector of private enterprise. ICC's current chairman is Ajaypal Singh Banga and John W.H. Denton AO is the current Secretary General. ICC has three main activities: rule setting, dispute resolution, and policy advocacy. Because its member companies and associations are themselves engaged in international business, ICC has unrivalled authority in making rules that govern the conduct of business across borders. Although these rules are voluntary, they are observed in thousands of transactions every day and have become part of international trade. A world network of national committees in over 100 countries advocates business priorities at national and regional level. More than 3,000 experts drawn from ICC's member companies feed their know ...
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Incoterms
The Incoterms or International Commercial Terms are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) relating to international commercial law. Incoterms define the responsiblities of exporters and importers in the arrangement of shipments and the transfer of liability involved at various stages of the transaction. They are widely used in international commercial transactions or procurement processes and their use is encouraged by trade councils, courts and international lawyers. A series of three-letter trade terms related to common contractual sales practices, the Incoterms rules are intended primarily to clearly communicate the tasks, costs, and risks associated with the global or international transportation and delivery of goods. Incoterms inform sales contracts defining respective obligations, costs, and risks involved in the delivery of goods from the seller to the buyer, but they do not themselves conclude a contract, determi ...
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Intermodal Container
An intermodal container, often called a shipping container, is a large standardized shipping container, designed and built for intermodal freight transport, meaning these containers can be used across different Mode of transport, modes of transport – from container ship, ship to Rail transport, rail to Semi-trailer truck, truck – without unloading and reloading their cargo. Intermodal containers are primarily used to store and transport materials and products efficiently and securely in the global containerization, containerized intermodal freight transport system, but smaller numbers are in regional use as well. These containers are known under a number of names. Based on size alone, up to 95% of intermodal containers comply with ISO standards, and can officially be called ISO containers. Many other names are simply: container, cargo or freight container, shipping, sea or ocean container, container van or sea van, sea can or C can, or MILVAN, SEAVAN, or RO/RO. The also used ...
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Outline Of Transport
The following outline is provided as an overview of and topical guide to transport: Transport or transportation – movement of people and goods from one place to another. Essence of transport * Driving involves controlling a vehicle, usually a motor vehicle such as a truck, bus, or automobile. For motorcycles, bicycles and animals, it is called riding. * Shipping, transporting of goods and cargo, by land, sea, and air * Travel, movement of people, by land, sea, and air Types of transport By availability * Private transport * Public transport (public transit) Modes and vehicles * Intermodal passenger transport Aviation Aviation * Fixed-wing aircraft * Airship (dirigible) * Autogyro * Balloon * Blimp * Helicopter * Human-powered aircraft * Parachute (downward air transport only) * Rocket * Projectile (goods only, normally explosives) / Human cannonball * Supersonic transport * Zeppelin Animal-powered transport Animal-powered transport =Animals domesticated for ...
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Transport Hub
A transport hub is a place where passengers and cargo are exchanged between vehicles and/or between transport modes. Public transport hubs include railway stations, rapid transit stations, bus stops, tram stops, airports and ferry slips. Freight hubs include classification yards, airports, seaports and truck terminals, or combinations of these. For private transport by car, the parking lot functions as a unimodal hub. History Historically, an interchange service in the scheduled passenger air transport industry involved a "through plane" flight operated by two or more airlines where a single aircraft was used with the individual airlines operating it with their own flight crews on their respective portions of a direct, no-change-of-plane multi-stop flight. In the U.S., a number of air carriers including Alaska Airlines, American Airlines, Braniff International Airways, Continental Airlines, Delta Air Lines, Eastern Airlines, Frontier Airlines (1950-1986), Hughes Airwest, ...
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Bulk Cargo
Bulk cargo is commodity cargo that is transported unpackaged in large quantities. Description Bulk cargo refers to material in either liquid or granular, particulate form, as a mass of relatively small solids, such as petroleum/ crude oil, grain, coal, or gravel. This cargo is usually dropped or poured, with a spout or shovel bucket, into a bulk carrier ship's hold, railroad car/ railway wagon, or tanker truck/ trailer/semi-trailer body. Smaller quantities can be boxed (or drummed) and palletised; cargo packaged in this manner is referred to as breakbulk cargo. Bulk cargo is classified as liquid or dry. The Baltic Exchange is based in London and provides a range of indices benchmarking the cost of moving bulk commodities, dry and wet, along popular routes around the seas. Some of these indices are also used to settle Freight Futures, known as FFA's. The most famous of the Baltic indices is the Baltic Dry Indices, commonly called the BDI. This is a derived function ...
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Barge
Barge nowadays generally refers to a flat-bottomed inland waterway vessel which does not have its own means of mechanical propulsion. The first modern barges were pulled by tugs, but nowadays most are pushed by pusher boats, or other vessels. The term barge has a rich history, and therefore there are many other types of barges. History of the barge Etymology "Barge" is attested from 1300, from Old French ''barge'', from Vulgar Latin ''barga''. The word originally could refer to any small boat; the modern meaning arose around 1480. ''Bark'' "small ship" is attested from 1420, from Old French ''barque'', from Vulgar Latin ''barca'' (400 AD). The more precise meaning of Barque as "three-masted sailing vessel" arose in the 17th century, and often takes the French spelling for disambiguation. Both are probably derived from the Latin ''barica'', from Greek ''baris'' "Egyptian boat", from Coptic ''bari'' "small boat", hieroglyphic Egyptian D58-G29-M17-M17-D21-P1 and similar ''b ...
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Canal
Canals or artificial waterways are waterways or engineered channels built for drainage management (e.g. flood control and irrigation) or for conveyancing water transport vehicles (e.g. water taxi). They carry free, calm surface flow under atmospheric pressure, and can be thought of as artificial rivers. In most cases, a canal has a series of dams and locks that create reservoirs of low speed current flow. These reservoirs are referred to as ''slack water levels'', often just called ''levels''. A canal can be called a ''navigation canal'' when it parallels a natural river and shares part of the latter's discharges and drainage basin, and leverages its resources by building dams and locks to increase and lengthen its stretches of slack water levels while staying in its valley. A canal can cut across a drainage divide atop a ridge, generally requiring an external water source above the highest elevation. The best-known example of such a canal is the Panama Canal. Many ...
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International Trade
International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. (see: World economy) In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has existed throughout history (for example Uttarapatha, Silk Road, Amber Road, scramble for Africa, Atlantic slave trade, salt roads), its economic, social, and political importance has been on the rise in recent centuries. Carrying out trade at an international level is a complex process when compared to domestic trade. When trade takes place between two or more states factors like currency, government policies, economy, judicial system, laws, and markets influence trade. To ease and justify the process of trade between countries of different economic standing in the modern era, some international economic organizations were formed, such as the World Trade Organization ...
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