Transportation & Distribution Management Essay Example | Topics and Well Written Essays - 1500 words - 1

Transportation & Distribution Management - Essay Example Transportation plays an important role in manipulating logistic. The vision of FedEx supply chain services is to become the world leader in global integrated logistics management, supply chain solutions and time-definite delivery (FedEx, 2014a). In the international market, FedEx faces competition from DHL, UPS, foreign postal authorities like Deutsche post and TNT N.V, freight forwarders, passenger airlines and all-cargo airlines. There are three important aspects of transportation management: Carrier selection, documentation and shipper carrier relationship. Carrier selection process includes the activities of identifying and procuring the best modes, the best carrier for each mode and best rates (Younkin, 2006). Companies tend to have a carrier mix like combination of aircrafts and road vehicles to order to have smooth operations, speed delivery at a low cost. Fed EX has a great air-and-ground network which facilitates the quick delivery of time sensitive shipments that deliver the shipment in one to two days with guaranteed delivery time. Its transports approximately 4 million packages and 11 million pounds of freight daily. For smooth functioning and fast delivery across the globe FedEx has mix of air and delivery fleet which consists of 650 aircrafts and 48000 motorized vehicles. FedEx has collaborated with more than 375 airports worldwide for the landing of its aircrafts without any difficulty. In October 2013, FedEx added first new Boeing 767-300 freighter in its air fleet. This is a major step in company’s strategic aircraft fleet modernization program as it is a more efficient and lower emission aircraft. 767 replaced MD 10 aircraft and is 30 percent more fuel efficient and incur 20 percent less unit operating cost (FedEx, 2014a). FedEx also provided a customized carrier to transport the skeleton of Wankel T-Rex dinosaur. In that customized lorry temperature was kept at 22C and each crate of bone was surrounded by

The Relationship between the investment in Petrochemical Industries Research Proposal

The Relationship between the investment in Petrochemical Industries and Economic Development - Research Proposal Example Changing the production means refers to the correction of faults in the structure of the economy or elimination that problem (Omar Mohyee Adeen, 1976). One of the major factors that affect the changes in the national economy is that of investment decisions (Krosinsky, and Robins, 2008). Often the discovery of an abundant natural resource in one country leads to tremendous investment in the resource and decline in the manufacturing sector. This scenario which is called the Dutch disease is a common effect in developing as well as developed countries. It is necessary that the development of an industry following the discovery of a natural resource is accompanied with a balanced development of manufacturing and the small industries. This will lead to generation of employment and diversification of the source’s income. With the availability of abundant raw materials, natural gas and cheap workforce the petrochemical industry is the best industry that shall be developed to grow the economy (Rooney, 2005; Sari, 2009). With this framework, it will be interesting to analyze if there is any relationship between the investments in petrochemical industry and economic growth. Besides this, the author will try to find out the possibility of a Dutch Disease taking place in the Libyan economy. The author will also try to find out the possible ways to prevent it and achieve a balanced growth of economy. The aim of this research is to understand and explore the potential impact of the discovery of petrochemical industry resources in Libya. The author aims to achieve the following objectives through the research: The effect of the development of petrochemical industry on other industrial sector’s size and profitability. In particular, the author aims to find out the affect on smaller and manufacturing industries. Often, the discovery of a natural resource in abundance leads to high economic