Under acost and freight(CFR) agreement, thesellerhas a weightier responsibility for arranging and paying for transportation the ordered products. For goods shipped CFR, the shipper is responsible for organizing and paying for the shipping of the products by sea to the destination port,...
This rule can be advantageous for the seller. It is now responsible for arranging carriage, often by chartering the vessel, and must pay the cost of carriage. As the cost of carriage is an input to the selling price, the seller most likely will add a margin of error and a profit margin...
This paper describes the use of four models for comparing the cost of transporting manufactured products via freight pipeline, truck, truck on flat car (TOFC), and rail carload. It was found that cost comparison is sensitive to the transportation configuration, i.e., location, transport distance...
As a market leader, we offer diverse and economical rail freight solutions through our extensive rail freight network from Greater China to the CIS, Europe, the Middle East and across ASEAN. Supported by a team of rail freight specialists and company-owned rolling stock, we manage a wide-rangi...
When getting a shipping cost for freight, a common thought is that freight costs are standard. This is not true—generally, the higher your cargo’s density, the cheaper the rate per pound or kilo. Mode of freight also matters — road and rail are the most affordable. But air freight is...
"Train trips departing from Chongqing to Europe can now arrive 7-10 days earlier than through Red Sea shipping, and cost 30 percent less," said Zhou Shulin, chief supervisor of Yuxinou (Chongqing) Logistics. It is not the first time that China-Europe freight trains have played the role of...
The cost of transporting freight by truck is about eight times higher than by rail, the Congressional Budget Office determined in a working paper published March 30. The analysis measured costs not covered by taxes, such as wear and tear on roads and highway infrastructure, emissions and congest...
Intermodal transportation, which involves the use of multiple modes of transportation (e.g., rail and truck), has been gaining popularity. Railroads play a key role in intermodal logistics, offering an efficient and cost-effective solution for moving freight over long distance. Several significant ...
freight transportationsocial costenviromentThis study compares the costs of implementation, operation and maintenance of roadway and rail in freight transportation in Brazil considering the cost of each ton-km transported. It was also estimated the costs of environmental impacts generated by the ...