Railways And Logistics
...2.2. Logistics and transportation modes…………………………………...4
3. RAILWAYS
3.1. Railway history…………………………………………………………6
3.2. Railway intermodal comparison………………………………………7
3.3. Importance of railways in the Logistics Chain……………………….7
3.4. Multimodal transportation, hub ports & the future…………………8
4. CONCLUSION……………………………………………………….10
5. BIBLIOGRAPHY...........................................................11
INTRODUCTION
Logistics are a very important factor in a county’s economy and helps in many ways the ones who actually are capable to manage it properly. Trains and railways are part of the logistics chain and have played their part in the history of the world for many years. In this paper we are going to discuss its origins along with evolution and what the future holds for logistics and railways.
Logistics
2.1. Brief history of Logistics
Logistics as a business is a fairly new science, with the first steps being taken in the early 1950s. The reason for this was the increasing demand for materials to be shipped from all around the world, the changes in consumer demand patterns and the need for high availability and variety of products. Also the costs had a pressure on industries, as did the progress in computer technology and of course there was the influences of military experience .Some one had to be in charge of the supply chain supervising all procedures. This way the right item would be at the right amount at the right time at the right place at the right price. Covering the flow from the raw material to the finished product that the consumer receives. Including warehousing, purchasing, inventory transportation, management, consultation and the organizing and planning of these activities. Logistics has its origin from the Greek word “logos” (λόγος) which means “ratio, word, calculation, reason, speech, oration”. It is believed...
View Full Essay
