Examlex
One reason given for the decline in the number of U.S. workers employed in manufacturing is that manufacturing firms in the U.S. have become more efficient.
Mode of Transportation
Different methods by which goods and services are moved from one location to another, such as by truck, train, ship, or airplane.
Private Fleet
A company-owned set of vehicles that are used for the transport of goods and materials for the company’s own operations, as opposed to relying on third-party carriers.
Milk Runs
A delivery method where a single vehicle collects loads from several suppliers, reducing transportation costs and improving efficiency.
Logistical Distance
A concept that considers not just the physical distance goods must travel, but also the time, cost, and complexity associated with moving goods from origin to destination.
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