Tag: AKTU MBA NOTES

The mode of transportation is an important consideration when planning the shipment process. Besides the costs, the urgency of the shipment, the value of the …

Warehouse management refers to the various processes related to maintaining and controlling a business’ warehouse. It goes through every step of the process, from beginning …

Ocean Freight Ocean freight is the most common mode of transport that importers and exporters use. In fact, a full 90% of everything is shipped …

Surcharges Often referred to as a “service fee” or “handling charge”, surcharges are additional expenses applied on top of already existing shipping fees. Varying from …

A refund of a portion of previously paid transportation charges, usually in return for the shipper´s tendering a certain volume of freight to the carrier. …

Following are the basic principles of freight rate. Destination The destination is a crucial factor for determining ocean freight rates. In simple terms, the longer …

Irrespective of the type of shipment whether it is a break bulk or in containers, the rates charged have to reflect the law of supply …

The National Shipping Board is an Advisory Body on matters related to shipping and shipping infrastructure (ports) .As India gained its independence in 1947 shipping …

Containerization is a system of intermodal freight transport using intermodal containers (also called shipping containers and ISO containers). The containers have standardized dimensions. They can …

The main advantages of containerization are: Standardization Standard transport product that can be handled anywhere in the world (ISO standard) through specialized modes (ships, trucks, …