Rukshian Balasubramaniam | What kind of job is transport and logistics?

Rukshianbalasubraman22 Jan, 2022Business

Rukshian Balasubramaniam | The transport and logistics industry is about planning, implementing, and controlling procedures relating to the movement and storage of goods. Professionals in this industry have to make sure that: Goods are packaged correctly. All the relevant documents are in order. Visit the link to know in detail!

Rukshian Balasubramaniam | What is the importance of transportation in logistics?

Rukshianbalasubraman08 Jan, 2022Business

Rukshian Balasubramaniam | By moving goods from locations where they are sourced to locations where they are demanded, transportation provides the essential service of linking a company to its suppliers and customers. It is an essential activity in the logistics function, supporting the economic utilities of place and time. Visit the link to know in detail!

Rukshian Balasubramaniam | What is transportation and logistics management?

Rukshianbalasubraman01 Jan, 2022Business

Rukshian Balasubramaniam | Transportation logistics management is an integral part of delivering goods from suppliers to customers. Logistics experts need to focus on transportation, specifically the efficient planning and procurement of transportation for products and materials. Freight trains, trucks, ships, and planes move goods every day. Visit the link to know more!

Rukshian Balasubramaniam | How much is the transportation industry worth?

Rukshianbalasubraman25 Dec, 2021Business

Rukshian Balasubramaniam | The United States trucking industry is one of the largest revenue streams in the nation's economy and is responsible for transporting 70 percent of all goods in the U.S. In 2019, the industry's total revenue reached $791.7 billion. Visit the link to know more!

Rukshian Balasubramaniam | How competitive is the transportation industry?

Rukshianbalasubraman17 Dec, 2021Business

Rukshian Balasubramaniam | The logistics and transportation industry in the United States is highly competitive. By investing in this sector, multinational firms position themselves to better facilitate the flow of goods throughout the world's largest consumer market. Visit the link to know more!

Rukshian Balasubramaniam | Lease or buy a vehicle for business?

Rukshianbalasubraman28 Oct, 2021Business

Rukshian Balasubramaniam | Buying is preferable to leasing when: You drive extensively for business. There's no fee for excessive mileage on a car you own. Owning the car also makes you eligible for the vehicle depreciation deduction that leasing isn't eligible for. Visit the link to know in detail!

Rukshian Balasubramaniam | Risk management in transportation?

Rukshianbalasubraman09 Oct, 2021Business

Rukshian Balasubramaniam | The Federal Highway Administration defines risk management as ?a process of analytical and management activities that focus on identifying and responding to the inherent uncertainties of managing a complex organization and its assets.? Because there are so many uncertainties and those unknowns change frequently. Visit the link to know more in detail!

Rukshian Balasubramaniam | transport risk assessment

Rukshianbalasubraman21 Sep, 2021Business

Rukshian Balasubramaniam | A transport risk assessment is an analytical process of activities. It focuses on understanding and responding to the problems any type of transport goes through. It gathers knowledge and analyzes the data to make the evaluation. It also studies the level of severity of the risk it may show. Visit the link to know more!

Rukshian Balasubramaniam | When should I review a risk assessment?

Rukshianbalasubraman13 Sep, 2021Finance

Rukshian Balasubramaniam | Companies should review their risk assessments and risk management practices once every 3 years, or: Whenever there are any significant changes to workplace processes or design. Whenever new machinery, substances or procedures are introduced. Whenever there is an injury or incident as a result of hazard exposure. Visit the link to know in detail!

Rukshian Balasubramaniam | Role of insurance in transportation risk management?

Rukshianbalasubraman08 Sep, 2021Business

Rukshian Balasubramaniam | Depending on the mode of transport?rail, truck, sea, or air?cargo insurance can provide protection against all risks of physical loss or damage from any external cause during shipping. You could also decide to forgo purchasing outside cargo insurance and ?self-insure? the cargo, assuming all risk of loss. Visit the link to know in detail!

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