Transportation: A Global Supply Chain Perspective
9th Edition
ISBN: 9781337406642
Author: Robert A. Novack, Brian Gibson, Yoshinori Suzuki, John J. Coyle
Publisher: Cengage Learning
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Chapter 2, Problem 10SQ
Summary Introduction
To determine: Various service characteristic of freight demand and whether do you agree with the statement that they may be as important as or even more important than the freight rate and provide justifiable reasons?
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Freight rates are very important in determining the supply of and thus revenue of shipping companies. Discuss four other drivers of the shipping industry that will influence the profitability of the industry
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The world’s largest retailer, Walmart, owns and manages its own fleet of trucks. The company has often received praise for its distribution capabilities. The practice, however, seems to represent a stark contrast to the practice of outsourcing not only shipping, but other logistics operations to third-party logistics providers. Address the advantages and disadvantages of these different policies. Under what conditions would it make sense for a firm to own and manage its own trucking operation?
Chapter 2 Solutions
Transportation: A Global Supply Chain Perspective
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- Top 10 freight forwarders in the world and largest Marine ports in the world 2020arrow_forwardLarge trucks are an important piece of the logistics chain. However, there were 333,000 large truck crashes in 2012, resulting in almost 3,800 fatalities, the majority being drivers or passengers of other vehicles, not the truck driver. One accident in 2014 caused a public uproar when a Walmart truck driver fell asleep at the wheel after being awake for 24 hours and crashed into another car, killing one person and critically injuring others, one being a well-known comedian. The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration enacted tougher hours-of-service rules that went into effect in July 2013. One report claimed that the industry would lose $1 billion in lost productivity as a result of these rules, while another concluded the industry would realize almost $500 million in benefit from reduced driver mortality. The new rules have caused considerable controversy and have caused hardships for drivers. As one driver put it, “If the wheels aren’t…arrow_forwardTransportation buyers and managers leverage a variety of tools and technologies to support supply chain success. The carrier community relies on technology to coordinate the flow of customer goods. Recommend 5 (five) tools and technologies that the carriers can use when transporting Bo Florist’s goods.arrow_forward
- In the railroad sector, what is the difference between intramodal and intermodal competition? Which type of competition benefits shippers the most? What is the reason for this?arrow_forwardWhy is trucking the most used mode of transportation relative to rail or water?arrow_forwardWhen a logistics manager is developing and implementing a logistics measurement system in his or her company, identify some of the most critical factors to consider.arrow_forward
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