A | B |
distribution center | a variation of the private & public warehouse designed to speed the delivery of goods and minimize storage costs |
private carrier | type of carrier transports goods for an individual business |
storage | holding goods until they are sold |
transportation | moving goods from a seller to a buyer |
private warehouse | designed to meet the specific needs of its owner |
bonded warehosue | imported or domestic products can't be removed until the required federal tax is paid |
physical distribution | logistics involved with transporting, storing, order processing, stock handling, and inventory control of materials and products |
public warehouse | type of facility is available to any business that will pay for its use |
ton-mile | movement of one tone of freight one mile |
common carrier | type of carrier provides transportation services to any business in its operating area for a fee |
exempt carrier | carriers are free from direct regulation of rates and operating procedures |