SCLT 3385 Lecture Notes - Lecture 1: Package Delivery, Consignee, Pipeline Transport
Document Summary
Moves materials or people from one point to another and allows for commerce: economists speak of utility or usefulness of a product or service. Transportation creates two of the three utilities and is a factor in the third. Party to whom the carrier must deliver freight. A unique combination of an origin and a destination for a shipment. Typically means a movement between hubs or directly between shipper and consignee. System that connects line hauls with local pick up and delivery. Hub and spoke is a specific example of a transportation network. A particular type of transportation, such as air, rail, ocean: name 4 major freight transportation modes: $ major modes of transportation are. 2: truckload carriers usually price according to: a rate per miles on actual miles driven and rate per trailer from point x to y, truckload prices may be documented in a _______ carrier"s tariff.