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Industry Overview  

  The transportation & logistics industry sector—more than many others—seems to benefit from globalization; that is, from the ever growing flows of goods and increased mobility of people, predominantly in emerging markets. Global supply chains require transport capacities and the management of material and information flows.  (Price Waterhouse Coopers)

 The transportation industry includes railroad transportation, air transportation, water transportation, and truck/bus transportation of freight and passengers. (Babson College Library) Freight moving on rail

 

Definitions

Transportation - The means and aids for conveying people and goods. For example, resources describing roads, airports and airstrips, shipping routes, tunnels, railways and related assets.
(National Aeronautics and Space Administration)  

Logistics - The process of planning, implementing, and controlling the efficient, cost effective flow and storage of raw materials, in-process inventory, finished goods and related information from point of origin to point of consumption for the purpose of meeting customer requirements. -- (Reference: Canadian Association of Logistics Management) 

International trade is the exchange of goods and services across international borders. --(Apparel Search.com)

Planning PeopleBusiness Logistics - The science of planning, design, and support of business operations of procurement, purchasing, inventory, warehousing, distribution, transportation, customer support, financial and human resources. -- (MDC, LogLink / LogisticsWorld, 1997)

 

 

  The transportation & logistics industry sector—more than many others—seems to benefit from globalization; that is, from the ever growing flows of goods and increased mobility of people, predominantly in emerging markets. Global supply chains require transport capacities and the management of material and information flows.  (Price Waterhouse Coopers)

 The transportation industry includes railroad transportation, air transportation, water transportation, and truck/bus transportation of freight and passengers. (Babson College Library) Freight moving on rail

 

Definitions

Transportation - The means and aids for conveying people and goods. For example, resources describing roads, airports and airstrips, shipping routes, tunnels, railways and related assets.
(National Aeronautics and Space Administration)  

Logistics - The process of planning, implementing, and controlling the efficient, cost effective flow and storage of raw materials, in-process inventory, finished goods and related information from point of origin to point of consumption for the purpose of meeting customer requirements. -- (Reference: Canadian Association of Logistics Management) 

International trade is the exchange of goods and services across international borders. --(Apparel Search.com)

Planning PeopleBusiness Logistics - The science of planning, design, and support of business operations of procurement, purchasing, inventory, warehousing, distribution, transportation, customer support, financial and human resources. -- (MDC, LogLink / LogisticsWorld, 1997)

 

 

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