Ch. 22 Physical Distribution and Transportation

Public or private warehouses that store products that require payment of a federal tax.

• Stock Control

• Bonded Warehouse

• Distribution Center

• Inventory

Trucking companies that provide transportation services to any business in their operating area for a fee.

• Common Carriers

• Private Carriers

• Contract Carriers

• Exempt Carriers

For-hire trucking companies that provide equipment and drivers for specific routes

• Common Carriers

• Contract Carrier

• Private Carrier

• Exempt Carrier

A warehouse designed to speed delivery of goods and minimize storage costs.

• Public Warehouse

• Private Warehouse

• Bonded Warehouse

• Distribution Center

Trucking companies that are free (exempt) from direct regulation of rates and operating procedures

• Common Carriers

• Contract Carriers

• Exempt Carriers

• Private Carriers

Combines two or more transportation modes to maximize the advantages of each.

• Intermodal Transportation

• Distribution Center

• Stock Control

• Bonded Warehouses

The amount of merchandise a business has on hand at any particular time

• Inventory

• Storage

• Physical Transportation

• Inventory Turnover

The number of times the average inventory has been sold and replaced in a given period of time.

• Private Carrier

• Inventory Turnover

• Invetory

• Stock Control

Trucking companies that transport goods for an individual business

• Common Carriers

• Contract Carriers

• Exempt Carriers

• Private Carriers

Activities for delivering the right amount of product to the right place at the right time.

• Physical Distribution

• Stock Control

• Public Warehouse

• Storage