Transportation is not merely a means of moving people from here to there, it is much more than that and holds so much importance in other businesses of life rather than just this. Take the supply chain, for example, transportation plays a major role in the supply chain to the extent that the world’s supply chain would have been suffering from great damage and trouble if it wasn’t for transportation.Must be thinking why? Well, logic is: if transportation hasn’t been a part of the supply … [Read more...] about Importance of Transportation in Supply Chain
Transportation
5 Benefits of Choosing Professional Sea Freight Services
The value of worldwide seaborne trade has increased over the years. Moreover, Statista reported that the seaborne trade’s capacity of container ships was nearly ten times higher in 2016 compared to when it was back in 1990. The projected global number of containerships is predicted to be about more than 5,500 by the end of December next year.While shipping goods via sea route may take the longest time compared to the other modes of transportation, Sea Freight Services have several key … [Read more...] about 5 Benefits of Choosing Professional Sea Freight Services
Give Your Moving Business the Right Edge with a Freight Factoring Service
Freight invoice factoring is one of the golden buzz words in the shipping industry for managing cash flow effectively. Not only does the service provide your business with the right solutions, but it is one crucial step to getting payment discounts within a short period.Many moving businesses, regardless of their size, find a freight factoring service beneficial because they reap the rewards for having back-office support. These companies primarily function to provide operational backing and … [Read more...] about Give Your Moving Business the Right Edge with a Freight Factoring Service
Import Procedure
The interchange of commodities between two or more persons who extract or produce them and who actually consume directly or indirectly is known as trade. In other words, it includes all those activities which are engaged in transferring title of the goods from the producers to the consumers using any trade or distribution channel.Trade is a very important part of commerce and it also includes those factors which help to remove personal hindrances in exchange of goods. Another important … [Read more...] about Import Procedure
Common Carrier
A “Common Carrier” is one who holds himself out as ready for hire for transport of goods of all persons from one place to another, by land, sea or air, for reward. He must do his work as a business and not as casual occupation.Section 2 of the carriers Act 1865 defines a “Common Carrier” as “a person, other than Government, engaged in the business of transporting for hire, property from places place by land or inland navigation, for all persons indiscriminately”.Kinds of … [Read more...] about Common Carrier