6 Reasons Why Trucking Company Owners Choose Freight Factoring With a number of regulations easing in the trucking industry, owners of freight and transportation companies are more concerned than ever with keeping positive cash flow and staying in the black – in order to capitalize on growth opportunities. On top of overhead costs including wages, benefits, as well as fleet maintenance and fuel needs, trucking owners need sound funding options to facilitate expansion and growth initiatives. If…
Picking a long distance moving company is fairly different from simply choosing a mover for your local move. You need to take numerous things into factor to consider and also if you don't know what you are looking for, then picking an interstate mover can be rather an obstacle. Your future movers need to be well acquainted with both areas. The first thing you need to do when looking for an interstate moving company or any kind of type of moving company at all, is to require time and also do…
Intermodal Rail Freight rail moves more than 70 percent of the nation’s coal, 58 percent of its raw metal ores, and more than 30 percent of its grain Truckload carriers are expected to increase their use of railroads to handle intermediate and long-distance trailer hauls into the future. On lower value goods, trucks share a dual natured relationship with railroads. They cooperate in providing intermodal services. They also compete to capture market share on goods like automobiles and auto parts,…
With the expansion of maritime and intermodal transportation, older ports with limited real estate must remain possible options to move cargo. There are some ways, in which the older ports like Baltimore, Philadelphia, and others with limited real-estate available for expansion would be able to compete with bigger newer ports. Improvements would be critical in improving the ports productivity to compete with the newer larger ports. The majority of ports and terminals were built for a volume of…
Market segmentation Freightliner market segmentation can be broken down into two different segments. General freight trucking and specialized freight trucking. The general freight trucking transports general commodities such as local food and beverage transportation. The transportation of these commodities could be further broken down into two segments. Food and beverage would be a generally short distance haul, where the transportation of food and beverage may also be considered a long…
been commanding heavy presence in the airline industry worldwide. However, this phenomenon has been exhibiting a declining trend; something which many stakeholders are getting attention of. Nevertheless, the BA still have a chance to compete effectively both in Europe and globally. In this regard, this section of this assignment evaluates the current business position of this airline. This evaluation involves analysis of the factors that are affecting the airline from within the organization at…
Paper 1 uses Kondratieff wave (K-wave) strategy to present the behavior of containerization through different stages. The five waves of K-wave display the evolution and importance of containerization, with supporting data of global trade and container throughput. It shows that containerization has a cyclic behavior that may spread to a specific port or port range. It is related to the topic as it gives the general information about containerization and its importance in the trade. Meanwhile, it…
Introduction The cargo shipping industry is an international business commerce. It is included four main segments: container shipping, roll-on and roll-off, bulk shipping and tanker shipping. The top 15 success industries focus their business on Asia-Europe and Asia-North America shipping lanes, which accounted for approximately 80% (‘Case Study: Meli Marine’ 2015). Meli Marine, another shipping industry in Singapore, has already been attracted to expand their international business into the…
statement “We move global trade,” Hanjin Shipping Co. Ltd is Korea’s largest and one of the world’s top ten container carriers. Hanjin Shipping operates approximately 60 linear and tramper services around the world, transporting over 100 million tons of cargo annually. The Company commands different types of vessels including 170 container vessels, liquefied natural gas (LNG) carriers, bulk carriers, and oil tankers. As a marine transportation services provider, Hanjin Shipping has four regional…
today. Poor cybersecurity practices could lead to a number consequences, including lost cargo, delays, disruption, physical or environmental damage. Equally significant is the effect on our economy if ports around the U.S. were to suffer catastrophic cyber-attacks. In 2014, U.S. seaports contributed $4.56 trillion to the economy of which “$4.3 trillion was the economic value created by the movement of cargo through seaports” (DHS, 2016, p. 3). The second, and perhaps less obvious,…