The average American requires a yearly movement of 57 tons of cargo to cater for all of their activities. In 2016, the freight transportation system handled nearly 16 billion tons of raw materials and consumer goods. All this movement is vital in supporting economic activities around the country. All the shipments including fresh produce, express packages among others require an extensive system comprising millions of vehicles supported by sophisticated information technology and managed by a big labor force. The USA is the largest consumer market in the world thus a need for a robust system to oversee the movement ...
Freight College Essays Samples For Students
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ABSTRACT
This assessment investigates green freight transportation challenges and their impact on the freight transportation industry in Australia. Its aim is to show that these freight transportation challenges can be overcome and ultimately eliminated by incorporating green, i.e. sustainable technologies, and improved practices into a more effective supply chain technology. Utilizing published findings, this assessment proposes rational, workable recommendations, based on known fiscal and environmental data, to Australian green freight transportation challenges. This assessment relies on methods as diverse as surveys, mathematical research, public health statistics, chemical assays, industry studies, and government case studies. Data extrapolated from scientific research point to ...
Marketing Services
The commodities and services are commonly referred to as products in the market. Although similar strategies are often employed in marketing products, marketing of services tend to differ from the promotion of goods due to a host of factors. Tangibility is a principal difference between goods and services, which makes the marketing of the two products to vary(Greechie, 2016). Whereas goods refer to objects that are created, stored, and marketed, services are the output of an individual’s work or a group of people. Companies such as Adidas are famous for manufacturing goods while Freight Forwarding companies are ...
An Analysis of Logistics Drivers in Urban Areas; Drivers, impediments, and Implications
Introduction
The term logistics has been used for centuries to refer to a number of activities that facilitate trade and specifically the movement of goods and services from the point of origin through to the final destination i.e. the consumer. Logistics therefore is the management of resources between the points of origin and the point of consumption. It involves among many factors, the management of physical goods such as food, materials and equipment etc. as well as the management of abstract items such as production, transportation, warehousing and security etc. In a nut shell, the management of logistics is the ...
Introduction
The term financial crisis has been used broadly to several situations whereby some financial institutions or assets face a sudden loss in a huge part of their value. The 19th and 20th centuries have encountered bank panics and recessions (Kindleberger & Aliber, 2005). Other situations related to financial crises include stock market crashes as earlier witnessed in the United States and bursting of financial bubbles, sovereign defaults and currency crises. What has been considered as the global financial crisis began in the United Kingdom and the United States of America following a significant standstill in the global credit market in July 2007. However, ...
Define and discuss time and space utility
Products must be transported from the place where they are produced to the place where customers demand it to be delivered. The value-add that the product gains due to its transport is called space utility. The time utility is the length of time before or between the product deliveries, which consists of mostly storage and inventory time. When the organizations are able to deliver the goods at a time they are needed, then their time utility increases.
What is the Total Cost Analysis and how does is affect logistics?
Total cost analysis provides the methodology for integration of logistics, manufacturing, and procuring costs across the network. This is done to achieve ...
North America and Europe are the two main markets that have several similarities in terms of the freight transportation systems, implications of the policy at global level, and globalized trade. But, there are also many differenced in terms of the implication of the logistical strategies in particular territories. North American and European freight transport systems are similar in way that they are trying to configure the logistics and transport networks through the operational decisions and formation of the regulatory framework, which is paving the way to the emergence of the supply chain management practices at the global level. These ...
Report: Low Carbon Transport Systems
Summary
Research sources selected for this paper include three strategy / policy approaches to achieving a low carbon transportation system. “Towards low carbon transport in Europe” describes the European Union (EU) policies and plans they have set in place to achieve the desired CO2 emission reductions. “Low Carbon Transport: A Greener Future” is the UK’s strategy document. The United Kingdom, as a member country of the EU thus shares some of its plans and targets. A more locally-based research source is “Birmingham Low Carbon Transport Strategy 2011+” – a low carbon transportation system strategy from the perspective of an English city ...
Assignment Three
Introduction
The Australian Customs and Border Protection (ACBP) is a government agency tasked not only with the protection of the geographical borders of the country, but also with ensuring that all goods and items entering the country are not in violation of any customs codes as well. In the previous assignment, the organization recently underwent improvements in knowledge management to include information technology upgrades, but that the full integration and migration to the overall knowledge management system is hampered by problems in organization and skills development. It is this aspect that will be carefully investigated by this assignment, with ...
- What are the rough dimensions of the country in miles?
China is situated in the eastern part of the Asian continent. Its area in miles is around 3,696,000 square miles). Country is surrounded by other countries i.e. Nepal, Pakistan, North Korea, Bhutan, Tajikistan, Vietnam, Russia Afghanistan, Burma, India etc. according to area China is considered third largest country in the world after Russia and Canada.
- What is the population? What percentage lives in the 3 largest cities?
China is considered world’s largest country according to the size of its population. In ...
- A discussion of the development of the city’s transportation system, including major influences such as geography, demographics, and economy.
Los Angeles is the most populated city in the United States. It is estimated that the city of Los Angeles has a population 3.7 million people based on last census that was conducted in 2010. This South Californian city occupies an area of approximately 470 square miles (Schad, 2010). . Los Angeles is also home to some of the largest recreational facilities in the United States such as Hollywood. Considering the economic importance of this city, Los Angeles has a well-developed road, railway, and water transport system. This case study describes the past, present, and future of all major transportation modes in ...
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Introduction: Intermodal transportation can be thought of as a process for transporting freight and passengers by means of interconnected networks, involving various combinations of modes of transportation, in which all the components are seamlessly linked and efficiently combined. Intermodal transportation is rapidly gaining acceptance as an integral component of conducting business in an increasingly competitive and interdependent global economy.
Global Importance: The United States of Code with respect to transportation states: “Alt is the policy of US Government to develop a National Intermodal ...
- Panamax. In case of bulk carrier, it is about 65/82,000 dwt, 7 hatches/holds, it is usually without gear. In case of tanker, Panamax has about 60/80,000 dwt.
- Capesize – around 120/200,000 dwt, 9 hatches/holds, without gear.
- VLCC – Very Large Crude Carrier – about 240/320,000 dwt.
- Handysize. In case of bulk carrier, it has about 20/35,000 dwt, 4 or 5 hatches/holds. It is geared with 25-35 ton cranes. In case of tanker, it has about 10/37,000 dwt.
- Handymax – about 36/49,000 dwt, 5 hatches/holds. It is geared ...
Introduction
A Freight claim/transportation claim/cargo claim/damage claim refers to a legal demand by a consignee or a shipper to a carrier or shipper for financial reimbursement for damage or a loss of a shipment. The intention of this claim is for the shipper or a carrier to make consignee or shipper whole. In general, claimants are expected to file the claim to recover the costs, but not including the profits. In addition, claimants are expected to take sound measures to mitigate damage or loss. For instance, in case the product that is damaged has retained some of its value, the carrier or shipper is only required to ...
International Logistics Inc.
Introduction
For any given organization, it is important for them to have the necessary infrastructure that helps them carry out their daily supply chain operations. However, there are various challenges that a given organization faces while carrying out the logistics operations at an international level.
The logistics providers or the service providers that carry out the logistics operations need to analyse the environment of the source and the destination (Hughes, McEwan, & Bek, 2013). They need to understand the laws and the norms of transporting the good from one location to another and follow them on a strict basis.
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Datasil, a Canadian distribution firm specializing in sale of computer and electronic equipments was apparently bought by the US firm with a carefully planned strategy to access the Canadian Market. According to experts firms that plan expansion in other countries must thoroughly evaluate the external and internal factors of the M&A before establishing an operation in a new country (East 1). The expansion plan must address all these issues before initiating the process in order to achieve a smooth transfer of operations. According to East, the first and foremost issue is the financial soundness of the ...
Exit Partner Analysis: Schneider Company
Brief Summary and History of Schneider Company
Schneider Company is one of the largest trucking firms in America. The company was started in 1935 after Al Schneider sold his car to buy the first truck. The company provides a range of services that include intermodal, truckload and logistics. Schneider deals with different solutions that include expedited, bulk, dedicated, long haul, supply chain management, cross dock logistics, regional, intermodal and port logistics (Muller, 2012).
The company was privately owned by members of Schneider and was a small player until 1980s when the industry of trucking was deregulated. During this time, ...
Introduction
Purpose of the Essay
Every organization requires an objective point of view every now and then in order to critically assess its performance. This is exactly what this paper aims to do. It aims to look into the performance of an organization located in Singapore. As the organization’s transportation manager, the specific aspect of its performance that I will be analyzing is its transportation management. More particularly, I will be looking at the organization’s mode selection criteria, incoterms selection consideration, and security management. These three are important aspects of every company or corporation’s transportation management, ...
Abstract
The focus of this research is on the shinkansen and the development of the shinkansen. The paper concentrates on the evolution of transport policies in Japan and what made shinkansen a symbol of modern Japan.
Introduction
Shinkansen Network covers the main islands of Japan and the country's major cities. The bullet trains are known as shinkansen in Japan and are operated by Japan Railways. They run at speeds of up to 320 km/h, and are well known for their punctuality, safety and comfort. Japan Rail Pass makes it very cost effective for the passengers to travel by Shinkansen. Tokaido Shinkansen is ...
Intermodal Transport System as a Solution to Dynamic Supply Chain Demands
Intermodal transportation is one of the prime trends of supply chains impacting the contemporary transportation industry. In the recent past, higher demand, greater government oversight, higher fuel costs, and driver shortages have all squeezed capacity in the transportation industry (“Vielhaber” n.p.). All of these situations have multiple implications on everything ranging from timing of cargo to pricing. Therefore, executives on the other hand are seeking for a solution to achieve and maintain a supply chain that is cost-effective. One solution that they have found is intermodal transportation (“Vielhaber” n.p.). In the modern global community, it has become outdated for carriers to ...
Introduction:
Outsourcing is a cost saving practice in which one company provides different goods and services to another company. It is used by different companies to transfer some portions of work to outside suppliers instead of completing it internally. It describes the strategic use of outside resources to perform organization's internal activities. It help the companies to get more skills and expertise from outside suppliers. Outsourcing is an act of acquiring products or services from an outside company that is known as vendor or supplier. The history of outsourcing is embedded with a history of the growth of modern technology ...
Globalization is a concept which has gained significant popularity in the business arena. Every organization wishes to expand beyond its national borders so as to serve the global market as well as gain more revenues. So is the case with companies operating in the maritime industry. In order to grab more market share, build long term relationships in the industry and establish sound image at international level, shipping companies are making use of several strategies. Mergers, acquisitions and alliances are common strategic options employed by the maritime industry to achieve long term objectives (ClilT, 1990). In the given scenario, ...
Question #1
The NAFTA was created in 1994 in order to improve the condition and process of business trade in North America. Specifically, it does this by getting rid of the tariff barriers and improving the trade infrastructures (“Chapter 8”). One particular business that benefited from the emergence of NAFTA was Walmart in Mexico. The combination of Mexico’s low-costs labor and NAFTA’S improved infrastructure and lower tariffs gave Walmart an extremely high competitive advantage. This is because while businesses like Comerci, Walmart’s main competitor, chose to make a profit out of the differences the lower tariffs made, Walmart ...
- Cash Equivalents
The company has entered into arrangements with its partnering distribution clients that designated cash accounts to UTIW from receivables from the end clients of its distribution partners. These cash accounts are identified as the company as “cash equivalents”. As of 2013, the company’s cash equivalents were reported as US$ 27.6 million as of January 31, 2013 and US# 37.4 million as of January 31, 2012.
UTIW often acts as a customs broker. When the company does this act in behalf of its clients, it pays in advance for customs duties and taxes. These payments ...
The global economic crisis overview
The global economic crisis has been recorded as the most severe financial and economic crisis experienced across the world. Up to date, its aftermath is still being felt. This global crisis is known to have heard unprecedented effect on capital and credit. It took offshoot from financial markets in the United States. The contagion and impact ended up spreading unevenly all over the world. In this paper, I am going to discuss the effect and aftermath of the global economic crisis on the VLCC market in Nigeria, basing my argument on variables such as flight rate, other books, new ...
Importing and Exporting Operations
Introduction
Chilean Trade Company is a startup company operating in the import/export business. The company’s main business specialization is Lithium products trade operation between Chile and US as both of these countries provide high-technology products.
The impacts of such trade of operations must be clearly understood. Different methods are considered along with the business set up, organization, and location to come to such a conclusion. The strategic approaches are elaborated and further described so that the document can act in guiding investors, public consumers and the government.
Chilean Trade Company (CTC) is a start-up company located in Hamburg with a ...
Abstract
This essay explores the following cultural aspects of Great Britain: the political system and government, the economy, education, transportation, policing and crime. Under the first sub-heading “Political System and Government the essay explains that the fundamental principle of the government of Great Britain is that of a parliamentary democracy, but with Queen Elizabeth II ruling overall as the titular Head of State, then continues to summarize the make-up of the government, the roles of the House of Commons and the House of Lords, and more. The second section discusses Britain’s economy, its global ranking, its relationship with the European ...
In the 1850s, North America experienced a vast westward expansion of its population, as well as an enormous boon in physical and material growth. At the end of the decade, though, came the expectation that news of a civil war was soon to erupt, and that signified an increased and immediate need for information traveling to and from the western part of the country (Walker, 2012).
At this time, messages from the eastern seaboard heading to California initially went by boat to the isthmus of Panama. It was then moved over land and placed again on a steamer ship, which went ...
Marine or Maritime Insurance is the oldest form of insurance. It is a variant of insurance for which the subjects are boats or ships, and particularly the cargos the ships carry. Although most countries of the world have their own laws relating to insurance, an online article entitled Marine Insurance Facts (anon, n.d.) published by United Marine Insurance of Australia notes that in most cases insurance of commercially-operated ships comes under the jurisdiction of “Admiralty Law”, described in a Guide to Admiralty Law (anon, n.d.) published on the HG.org website.
Marine Adventure
In marine insurance terminology, the term “marine adventure”, as defined by ...
In each of the following situations, please select which mode of transportation studied this week would be the most advantageous. Explain your answer. [8A, 8B, 8C]
Sending 350 40-foot containers from Shanghai, China to Los Angeles, California.
Maritime transport is the best for these kinds of shipments because ships can fill a given container or what is known as full container load (FCL) (Rushton, Croucher, & Baker, 2014, p. 391). Additionally, container ships can accommodate stackable cargo, which will be prepared using a stowage plan (Rushton, Croucher, & Baker, 2014, p. 393). There is also the possibility of reduced damage in products, which may be caused when using other types of cargoes. ...
Business Problem
Abstract
In today’s business world, customer service is a crucial part of the business practices aimed at growing the company and increasing overall effectiveness in the supply chain. Customer satisfaction is an important factor when it comes to customer service and it relates to the customers being satisfied with the services they get in terms of availability of information, speedy responses, and overall convenience. Many companies today have not been active in providing efficient customer service. This is because they rely on traditional communication channels and strategies such as the use of e-mail services and landline phone communications. ...
Organizational change is about revising and amending management structures . Organizations must adjust to make it against larger opponents. In order to be better than the competition, organizations need to look for ways to do things more resourcefully. Change should not be feared. It should be viewed as a step to ensure success. An organization’s change drivers include the competitive surroundings, new technologies, consumer request, economic situations and government policy actions . Outsourcing and virtual collaboration are made possible with the Internet. There are regulations that are imposed by the government that can force an organization to implement change. When ...
Summary of the Paper
Dave Donaldson and Richard Hornbeck’s work entitled: “Railroads and American Economic Growth: A ‘Market Access’ Approach” reveals the historical impact of railroads on the American economy. The work relays the extent to which railroads impacted the market accessibility of various counties, especially in the late 19th Century. From the paper, it is evident that railroads had a major hand in determining whether or not a specific piece of land was valuable. The impact of railroads on every county has been captured through assessment of the changes in the county’s ‘market accesses. The ‘market Access’ of each county ...
Air pollution is a national problem. Due to the massive industrial establishments and various chemicals and substances that are used by man in his day to day activities, the air is populated with various chemicals and particulates emitted into the air causing the air pollution. In the US, Long Beach and Los Angeles, are among the most polluted regions. Majority of the industries in this area are dependent on diesel and other fuel powered machines, ships, vehicles, and trains that sustain its day to day operations. The ports of Long Beach is considered as one of the biggest sources ...
Abstract
Chek Lap Kok Airport was made to replace the former Airport that was built way before in 1925 and cater to the growing traffic in the air. The passenger and cargo capacities were expanding, and there was noise pollution affecting the populations nearby. Today, the Hong Kong International Airport is among the busiest in the world, carrying about 50 million passengers and handling about 4 million tons of cargo every year. The construction of the airport was not an easy task, and there were many challenges. Airports are very expensive to build, and it is even more complex to ...
The US inland waterways have been a mainstay in domestic shipping since the founding of the nation some 238 years ago. The way the country uses its inland waterways, the great lakes and rivers will have far reaching effects into the future. There are many different perspectives one could take on the use of the system. One could feasibly look at the economic effects, environmental effects and the effects on the country as a whole.
The United States is one of the largest and most diverse countries in the world in terms of wildlife. Everything from desert climates and tundra exist ...
About the paper
The paper is being commissioned to analyze the trend in the capital expenditure of two leading companies in the courier delivery and freight services, Fed Ex and United Parcel Services (UPS), and how the same has changed over the period of past three years. In addition to the general discussion relating to the trend in the capital expenditure of the companies, we will also unearth the reason behind such trends and will also dig into the capital structure of the entities.
FedEx Corporation’s Capital Expenditure
2012: $4007 million
2013: $3375 million
2014: $3533 million
Referring to the annual report for ...
- Cash Equivalents
The term cash equivalents refer to assets held by the company that can be converted into cash within three (3) months. According to the company’s financial statements, the cash equivalents that are held by UPS as declared in their balance sheet are “short term investments” which can be various types of commercial paper. The short-term investments of the company increased from 711M in 2010 to 1,241M in 2011 (75% growth) and then decreased to 597M in 2012 (52% decrease).
According to the company’s year-end financial report the company holds cash and ...
The role of information systems (IS) in the success stories of many businesses continues to be a glittering historical and contemporary phenomenon. The great advent of the Internet and emerging enablers in the information and communications technology (ICT) space empowered people with instant global access and interconnectivity. The notable advances in ICT drastically changed how life is lived and how business is conducted. Businesses exponentially grew as both brick-and-mortar and online business institutions capitalized on the ubiquity, power, efficiency, accuracy, convenience, and cost-effectiveness of most IS-based solutions. Investments in IS have grown in substantial dimension as businesses chased incremental and ...
Immediately after the Second World War diverging perceptions of how the post-war societies had to be adjusted to the new realities became a ground of growing tensions between former allies – Great Britain, United States and France, on the one hand and the Soviet Union – on the other. Notwithstanding the fact that Western democracies de-facto imposed their political will on the administration style of each of the Western-controlled zones, into which Germany had been divided, they gave a hostile reception to the Soviet Union’s desire to impose communism on what was to become Eastern Germany. The latter, in its turn, wanted ...
The Promotion of Mixed Income Neighborhoods in Hollywood, California
Chapter I:
Introduction
The facts are impossible to ignore: focusing on places, health and walkability requires increased public transit infrastructure, which creates new jobs, enlivens neighborhoods, creates local business opportunities and connects communities, both vulnerable and thriving, to vital amenities and resources. (Raphael &Espiau, 2010, par. 9)
Transit-oriented development (TOD) is a neighborhood development plan focusing on easy access to major transit stops. The Federal Transit Administration (FTA) defined TOD during the 1990s when undertaking a project consisting of initiatives to promote livable communities: “Transit-oriented communities are characterized by design and development patterns that are conducive to the ...
History : the bonus marchers
Background and Opinions on “The Bonus Army”
At the turn of the century, The United States of America was facing large-scale changes at all levels of society, as a traditional urban families procured work in cities where those at the top prospered while those at the bottom often worked long hours in difficult jobs for measly incomes. At the end of the first world war, many veterans were dispossessed by the state of affairs in the US and the struggles that came with the economy when the Great Depression strut. An assemblage of marchers, 43,000, a quarter of which ...
Introduction
FedEx Corporation is a Delaware corporation, incorporated October 2, 1997. The company was originally called FDX Corporation and in 1998, the company acquired Caliber Systems Inc. With this acquisition, the company who was still using the name FDX began offering services that included express shipping, small-package ground service delivery, expedited shipping services, a less-than-truckload freight service in the Western areas of the US, transportation services in the Caribbean and logistics and technology solution. In the year 2000, FDX officially changed its name to FedEx Corporation. Also in the same year, FedEx purchased Tower Group International, which was a provider of logistics services ...
Abstract
Agriculture sector played a major role in the economic and political progress of Canada. Particularly since the Western rural areas adapted latest techniques for agriculture and farming; the country experienced an economic boom. Reforms and policies enacted by the government to facilitate this sector have contributed too in the economical growth of country. Family farming is now a good business in Canada and although the number of these farms is small, yet they have established themselves in the rural communities and are facilitating the country on both national and international level. If more such farms are built up, then there will ...
FedEx
What are they doing?
FedEx has a number of business lines that they operate. First, they operate in air services delivery within the United States, which are defined specifically by time. It owns several aircrafts. It also has the world’s largest wide body civil aircraft. Its airlines carry the largest freight compared to the others that provide the same service. up to 2008, it provided services from the US mainland to the Caribbean islands. This service is called the FedEx Express
It also operates day delivery services within the United States and Canada. In this service, it ...
A pair of Nike sneakers can either be delivered to Can Tho in three main ways. The most obvious method is shipping the Nike sneakers from New York to Can Tho Port. This is the cheapest method and it’s relatively fast. DHL charges the least for such a delivery; for as little $14.20 one can send a pair of Nike sneakers from one’s door step in New York to the recipient’s door step in Can Tho. Basically DHL will send an origin agent to the client’s home to verify the Nike sneakers and pick them up. After ...
Accounting principle states that the costs of fixed assets like plants and real estate are supposed to be spread over a specified number of periods which will enable them to generate revenue. If for example buys a used plane of $20000,it is not wise to treat this acquisition as an expense since the expenditure itself is very huge and the plane would be useful for a number of years to come. Since the plane is will assist in generating more revenue, it will not qualify to be called current period expense (Jahawar, 2008).
Also, in long lived assets, like property, ...
The type of business that is easy and profitable today is that of importing goods. This type of business is made easier when the concerned party opens an importing agency to facilitate the business. Jones agency deals with imports. They import various types of goods into the country since they already have an established market in their home country. They have put one person from the company, a freight worker, in charge of handling shipments. The freight worker ensures all the goods ordered have been delivered. The Jones’ have also created strong relationships and solid contact with the manufacturers abroad.
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