Global trade necessitates the movement of goods from one corner of the world to another. An estimated US$ 48,018 billion worth of
Global trade necessitates the movement of goods from one corner of the world to another. An estimated US$ 48,018 billion worth of trade merchandise changed hands in 2023.
The modern shipping containers used to transport goods are moved by road, rail, sea transport, or a combination of any of these modes of transport.
The mode of transport used to move containers may depend upon the availability of transport slots, connectivity between trading centres, cost of transport, time factor, or a combination of these factors. Businesses generally go for the quickest and safest transport modes offered at the best price.
Generally, sea transport is the most opted one, especially for bulk movements.
Intermodal Transport
Transportation of goods by intermodal containers using more than one mode of transport is called Intermodal transport. Intermodal containers are large shipping containers available in standard sizes and specifications. In this method of transporting goods, each mode operates under a different contract with the respective service provider.
In intermodal transport, the sender chooses the carrier offering the best rates and services. Each party must agree upon the various transport
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