A | B |
physical distribution | all the activities that help to ensure that the right amount of product is delivered to the right place at the right time |
transportation | the marketing function of moving products from a seller to a buyer |
common carriers | a company that provides transportation services to any business in its operating area for a fee |
private carriers | carrier that transports goods for an individual business |
exempt carriers | carrier of agricultural products, free from direct regulation of rates and operating procedures |
ton-mile | the movement of one ton of freight one mile |
carload | the minimum number of pounds of freight needed to fill a boxcar |
freight forwarders | private companies that combine less than carload or less than truckload shipments from several different businesses and deliver them to their destinations; in international business, companies licensed by the U.S. Maritime Commission to handle export details |
storage | the marketing function of holding goods until they are sold |
private warehouse | a facility designed to meet the specific needs of its owner |
public warehouse | a facility that offers storage and handling facilities to individuals or companies |
distribution center | a warehouse designed to speed delivery of goods and to minimize storage costs |
bonded warehouse | public or private warehouses that store products requiring the payment of a federal tax |