Freight and shipping refer to the transportation of goods from one place to another. Freight is the term used to describe the goods that are being transported, while shipping refers to the process of moving those goods from one location to another. This process can involve various modes of transportation, such as air, sea, rail or road.
Freight forwarding is a service that involves organizing and coordinating the shipment of goods from one point to another. Freight forwarders act as intermediaries between shippers and carriers and manage all aspects of the shipping process, including documentation, customs clearance and insurance.
Logistics management involves planning, coordinating, and executing the movement of goods from one point to another. It encompasses all activities related to transportation, warehousing, inventory management, and order fulfillment.
Transportation Management System (TMS) refers to software systems designed to manage activities related to transportation. TMS provides logistics companies with real-time visibility into their transportation operations and helps them optimize their resources.
Supply chain visibility refers to the ability of supply chain partners to track and monitor the movement of goods throughout the supply chain. It involves using technology tools such as GPS tracking systems and RFID tags to provide real-time information on product location, shipment status, and delivery times.
Last-mile delivery refers to the final stage in the delivery process where goods are delivered from a transportation hub or warehouse directly to their destination. It’s often one of the most challenging stages in logistics management because it involves navigating complex urban environments and managing tight delivery windows.
There are four primary modes of shipping: air freight, sea freight (ocean), rail freight and road freight (trucking). The choice of mode depends on the type of cargo, distance, and delivery time required.
