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The term "free on board", or "f.o.b." was used historically in relation to the transfer of risk from seller to buyer as goods are shipped. [1] There appears to have been an assumption that property and risk would pass from the seller to the buyer at the same time.
Point-to-point (top) vs hub-and-spoke (bottom) networks. The hub-and-spoke model, as compared to the point-to-point model, requires fewer routes. For a network of n nodes, only n − 1 routes are necessary to connect all nodes so the upper bound is n − 1, and the complexity is O(n).
While this type of service is the second costliest—general aviation charters are far more expensive—companies analyze the cost of service to engage an on-board courier versus the "cost" the company will realize should the product not arrive by a specified time (an assembly line stopping, untimely court filing, lost sales from product or ...
Less-than-truckload shipping or less than load (LTL) is the transportation of an amount of freight sized between individual parcels and full truckloads. Parcel carriers handle small packages and freight that can be broken down into units less than approximately 150 pounds (68 kg).
This is a list of the 30 largest container shipping companies as of February 2024, according to Alphaliner, ranked in order of the twenty-foot equivalent unit (TEU) capacity of their fleet. [1] In January 2022, MSC overtook Maersk for the container line with the largest shipping capacity for the first time since 1996. [ 2 ]
Continuous duty overnights (CDOs) are also referred to as "stand-ups", "naps", or "high-speeds" is a scheduling practice used in regional airline operations to circumvent, or "outsmart" government flight crew minimum rest requirements. A few major airlines may also use them.