Author Archives: scmwikimsu

Rising fuel prices foster the viability of rail transport

Posted on November 28, 2012 by scmwikimsu

Halfway through the presidency of Bush 1, the Federal Railroad Administration conducted a comparative study between rail and truck transport to determine which mode was more fuel efficient, and its conclusion was a definite, if intuitive, one. Transportation of goods, … Continue reading →

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Land Bridge

Posted on November 21, 2012 by scmwikimsu

Definition An intermodal land bridge refers to the shipping of a container from one country to another using an ocean vessel and during the route the container must be unloaded on a body of land and transported completely across the … Continue reading →

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Rail Cost Structure

Posted on November 21, 2012 by scmwikimsu

Fixed Costs In the short-term period the indirect costs of operating in the rail sector greatly outweigh variable costs. The reason for the extensive amount of fixed costs is that the railroads own their own infrastructure. They have to account … Continue reading →

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Load Tendering

Posted on November 21, 2012 by scmwikimsu

Load Tendering: When descriptive information and pricing which has been bargained are provided to the carrier before pickup is scheduled.  This can help to guarantee that contracts are followed and will also streamline self-payments. The Overview of Load Tendering: A … Continue reading →

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Very Large Crude Carriers (VLCCs)

Posted on November 21, 2012 by scmwikimsu

 Definition VLCC stands for Very Large Crude Carriers, which is a classification of oil tanker.  They were introduced in the 1970s and are an essential part of the transportation industry because they are able to transport massive quantities of crude … Continue reading →

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Transportation Rates

Posted on November 21, 2012 by scmwikimsu

Brief Definition Transportation Rates are the negotiated costs of moving freight from one origin to the destination. All costs associated with beginning to end of the shipment may be evaluated. Broad Explanation Transport costs are a monetary measure that the provider must … Continue reading →

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Shipping Conferences

Posted on November 21, 2012 by scmwikimsu

Brief Definition Agreement between two or more shipping companies to provide scheduled freights or passengers service on particular routes under uniform rates and common terms. Broader Explanation A shipping conference, is an association of several shipping companies that follow certain … Continue reading →

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Value of Service Pricing

Posted on November 21, 2012 by scmwikimsu

Value of Service Pricing Value of service pricing (VOS), which can be viewed as value based pricing (more general), is a business pricing strategy. The terminology of VOS is especially widely used in logistic or service industry.  Value of service … Continue reading →

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Motor carrier cost structure

Posted on November 21, 2012 by scmwikimsu

Motor carrier cost structure is the expense that must be taken into account when the firm manufactures a product or provides a service. This includes transaction cost, operating costs, fixed costs and variable cost. Content List: 1.   Primary cost category … Continue reading →

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Point to point rates

Posted on November 21, 2012 by scmwikimsu

Definition Advantages and Disadvantages Examples. Definition Point to point rates refers to the rate one pays if transporting goods through a point-to-point transit system.  A point-to-point transit system does not use hubs to consolidate goods, cross docking nor does it … Continue reading →

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