What are the Different Modes of Transportation in Business?
Businesses utilize various modes of transportation, each with its own benefits and drawbacks:
- Road Transport: Ideal for short to medium distances. It's flexible and suitable for delivering goods directly to customers. - Rail Transport: Suitable for long distances and bulk shipments. It is cost-effective but less flexible. - Air Transport: Fastest mode, suitable for urgent and high-value items. However, it is costly. - Sea Transport: Used for international trade and large volumes. It's economical but slow. - Pipeline Transport: Used for transporting liquids and gases. It is highly efficient but limited in scope.