It-3 Transport and Incoterms
IT-3 TRANSPORTING GOODS INTERNATIONALLY. INCOTERMS. INTRODUCTION Transport is needed to carry raw materials, semi-finished and finished goods from suppliers to customers, and to carry employees to places of work. An efficient transport system can increase the standard of living of many people because it can, for example, allow countries to obtain the benefits of specialization. When a firm has to decide which form of transport to use to carry goods, it should consider, for example whether the goods are bulky, heavy, expensive, fragile, perishable or urgent. The quantity of goods to be carried, their destination and the cost of transport must also be taken into account. Road transport is particularly suitable for short distances and for part deliveries which can involve own fleet operations. Rail is more suitable for bulk cargoes carried over longer distances. Road and rail are forms of inland transport, while sea and air are mainly used for overseas deliveries. There are many types of specialist vessels used in sea transport such as cargo liners, tramps and bulk carriers, and these are used for non-urgent deliveries. Air is used for items which need to be delivered quickly or which need particular protection from theft or damage. Other features of transport include pipelines for carrying, oil and gas and, containers. Importers and exporters seek for the successful movement of goods. The delivery terms are a key part in any price quotation and importers should look for the mode of transport, speed of delivery, reliability and overall costs that best meet their needs. Transport modes are Road, Rail, Sea, Air and any freight movement that involves the use of more than one mode.
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