Global transportation

2.What is the role of trade terms in global transportation?Briefly describe the four groups of Incoterms.
4.What payment options are available for international transactions?How does each option protect the interests of the exporter and the importer?

  1. What combination of intermodal services would be most beneficial for the following products:

a. Lumber moving from British Columbia, Canada, to London, England
b. Seedless grapes moving from Valparaiso, Chile, to Phoenix, Arizona
c. iPhones moving from Zhengzhou, China, to Johannesburg, South Africa

  1. When developing transportation routes for global freight, what considerations should influence the decision maker?
  2. Why is documentation important to global transportation?Briefly describe the primary documents used to facilitate global cargo flows.

Sample Solution