This document discusses the relationship between logistics and law. It begins by defining logistics and law separately, then explores how knowledge of law can help those working in logistics. It discusses several key laws related to logistics, including international transportation conventions. The document also examines global logistics performance and trends, the role of law in areas like risk management and infrastructure development, and argues for increased education in logistics-based law.
The document provides an overview of the logistics industry in India. It discusses key concepts in logistics like inventory management, transportation methods, and activities involved. It also shares statistics on India's spending on logistics. The major companies discussed are FedEx, DHL and DTDC which are compared on their services, prices, promotion strategies, processes and financial performance. SWOT analyses are also presented for each company. The document utilizes diagrams and tables to analyze the companies' current ratios, asset turnover ratios, debt-equity ratios, net profit margins and other financial metrics. It concludes with references used for the report.
The document summarizes key information about the logistics industry globally and in India. It states that the global logistics industry size is over $3500 billion, with the US market being $1100 billion and India between $130-150 billion. It also notes that logistics costs typically represent 9-18% of GDP for most countries. Specifically, logistics costs are 14% of GDP for India and 18% of GDP for China. The top industries that rely on logistics are manufacturing, retail, and FMCG. Major players and new technological trends in the industry like RFID and reverse logistics are discussed. Challenges and opportunities for growth in the Indian market are also highlighted.
The document provides an overview of the logistics and transportation industry in India. It discusses key topics such as:
- The industry is expected to grow at a CAGR of 12-13% driven by growth in manufacturing, retail, FMCG and e-commerce.
- Major players in the industry include DHL, TNT, AFL, GATI and DTDC.
- The government plays an important promotion role through investments in infrastructure and implementing reforms like GST.
- Transportation contributes significantly to the Indian economy by enabling trade and providing millions of jobs.
- Emerging technologies like autonomous vehicles, drones and 3D printing will continue shaping innovations in the industry.
This document provides an executive summary and introduction to the "Modern Handling & Logistics U.S. Roadmap". It summarizes the following key points in 3 sentences:
The roadmap identifies 10 trends that will shape the future of material handling and logistics, including e-commerce growth, competition, personalization, and new technologies. It discusses challenges like workforce issues and opportunities for collaboration. The roadmap makes recommendations in areas like visibility, planning, delivery methods, costs, sustainability, and developing the future workforce.
logistics industry and pestle and marketing mix swot analyis of itPratik Louhar
The document provides an overview of the logistics industry. It discusses key concepts in logistics like order processing, inventory management, transportation, and warehousing. It then performs a PESTLE analysis to examine the political, economic, social, technological, legal and environmental factors affecting the industry. Three major companies are profiled - FedEx, GATI and Allcargo Logistics. Their business models and financials are analyzed. Finally, SWOT analyses are presented for each company to identify their strengths, weaknesses, opportunities and threats.
This document provides an overview of the Indian logistics industry. It discusses the industry structure, key trends, opportunities, challenges, major players and organized players in different logistics segments. The logistics industry in India is large at $225 billion currently and expected to grow to $350 billion by 2015. Major growth drivers include infrastructure investments, government initiatives and demand from industries like automotive and retail. While opportunities exist in areas like warehousing, container rail business and multimodal transport, challenges remain around infrastructure bottlenecks and high costs. Key players discussed include CONCOR, Blue Dart and Allcargo Logistics.
Although there is high demand for road freight services in the U.S., the chance for profitability is far from guaranteed. Numerous obstacles challenge trucking companies including a large volume of private fleets and operating costs that exceed 85% of revenue even for the strongest companies.
The document provides an overview of the global and Indian logistics industries. It discusses key challenges facing the logistics industry such as high costs, infrastructure bottlenecks, shortage of talent, and demand for new technology. While the global logistics industry is estimated to be worth $300 billion, the Indian industry still has immense growth potential but faces issues like low demand, poor infrastructure, and high costs. The document also analyzes opportunities and trends in the Indian logistics industry such as the need for improved infrastructure, adoption of new technologies, skills development, and industry consolidation through mergers and partnerships.
The document provides an overview of the logistics industry in India. It discusses key concepts in logistics like inventory management, transportation methods, and activities involved. It also shares statistics on India's spending on logistics. The major companies discussed are FedEx, DHL and DTDC which are compared on their services, prices, promotion strategies, processes and financial performance. SWOT analyses are also presented for each company. The document utilizes diagrams and tables to analyze the companies' current ratios, asset turnover ratios, debt-equity ratios, net profit margins and other financial metrics. It concludes with references used for the report.
The document summarizes key information about the logistics industry globally and in India. It states that the global logistics industry size is over $3500 billion, with the US market being $1100 billion and India between $130-150 billion. It also notes that logistics costs typically represent 9-18% of GDP for most countries. Specifically, logistics costs are 14% of GDP for India and 18% of GDP for China. The top industries that rely on logistics are manufacturing, retail, and FMCG. Major players and new technological trends in the industry like RFID and reverse logistics are discussed. Challenges and opportunities for growth in the Indian market are also highlighted.
The document provides an overview of the logistics and transportation industry in India. It discusses key topics such as:
- The industry is expected to grow at a CAGR of 12-13% driven by growth in manufacturing, retail, FMCG and e-commerce.
- Major players in the industry include DHL, TNT, AFL, GATI and DTDC.
- The government plays an important promotion role through investments in infrastructure and implementing reforms like GST.
- Transportation contributes significantly to the Indian economy by enabling trade and providing millions of jobs.
- Emerging technologies like autonomous vehicles, drones and 3D printing will continue shaping innovations in the industry.
This document provides an executive summary and introduction to the "Modern Handling & Logistics U.S. Roadmap". It summarizes the following key points in 3 sentences:
The roadmap identifies 10 trends that will shape the future of material handling and logistics, including e-commerce growth, competition, personalization, and new technologies. It discusses challenges like workforce issues and opportunities for collaboration. The roadmap makes recommendations in areas like visibility, planning, delivery methods, costs, sustainability, and developing the future workforce.
logistics industry and pestle and marketing mix swot analyis of itPratik Louhar
The document provides an overview of the logistics industry. It discusses key concepts in logistics like order processing, inventory management, transportation, and warehousing. It then performs a PESTLE analysis to examine the political, economic, social, technological, legal and environmental factors affecting the industry. Three major companies are profiled - FedEx, GATI and Allcargo Logistics. Their business models and financials are analyzed. Finally, SWOT analyses are presented for each company to identify their strengths, weaknesses, opportunities and threats.
This document provides an overview of the Indian logistics industry. It discusses the industry structure, key trends, opportunities, challenges, major players and organized players in different logistics segments. The logistics industry in India is large at $225 billion currently and expected to grow to $350 billion by 2015. Major growth drivers include infrastructure investments, government initiatives and demand from industries like automotive and retail. While opportunities exist in areas like warehousing, container rail business and multimodal transport, challenges remain around infrastructure bottlenecks and high costs. Key players discussed include CONCOR, Blue Dart and Allcargo Logistics.
Although there is high demand for road freight services in the U.S., the chance for profitability is far from guaranteed. Numerous obstacles challenge trucking companies including a large volume of private fleets and operating costs that exceed 85% of revenue even for the strongest companies.
The document provides an overview of the global and Indian logistics industries. It discusses key challenges facing the logistics industry such as high costs, infrastructure bottlenecks, shortage of talent, and demand for new technology. While the global logistics industry is estimated to be worth $300 billion, the Indian industry still has immense growth potential but faces issues like low demand, poor infrastructure, and high costs. The document also analyzes opportunities and trends in the Indian logistics industry such as the need for improved infrastructure, adoption of new technologies, skills development, and industry consolidation through mergers and partnerships.
M Bridge 9 CASA Transfoming 10 PL Oganizations.pdfCINEC Campus
This document discusses logistics service providers and their evolution. It begins by defining a logistics service provider as a company that manages the flow of goods between origin and destination, handling shipping, inventory, warehousing and other functions. It notes that manufacturers outsource distribution, warehousing and fulfillment to these providers. It then discusses how third-party logistics providers specialize in integrated transportation and warehousing services, bridging manufacturers and transporters. Finally, it briefly introduces the concept of fourth-party logistics providers as consultants that assemble resources and technology for supply chain management.
Calculate the implied enterprise value of Rosetta Stone using the TawnaDelatorrejs
Calculate the implied enterprise value of Rosetta Stone using the average EV/EBITDA multiple for all three categories of comparable firms provided in Exhibit 9 and Rosetta Stone EBITDA provided in Exhibit 6, a total of three multiples. Interpret what these numbers suggest regarding the value of Rosetta Stone. The market-multiples approach seems easy. What are the some pros and cons of using a market-multiples approach in valuation?
Exhibit 9
EXHIBIT 6
Calculation PART
6
Global Logistics
Johnathan Murry
APUS
November 4, 2021
Introduction
Goods are typically produced from one region and transported to another region, where the consumers demand them. This is what is referred to as global logistics. It involves managing the flow of goods when they get transferred from the production region, which could be one part of the world, to the other where they are consumed. In essence, global logistics tends to connect vital components of the supply chain from the origin point of the products to the point where they are consumed by the consumers while ensuring time and efficient distribution is achieved throughout the supply chain process. The movement of goods is the primary aspect of global logistics, and it can be accomplished through several ways, including shipping, plane, truck, or train. The paper will analyze literature to show various authors' different perspectives regarding global logistics and its insights.
Literature Review
Hong and Vonderembse published the first article to review in 2011. The article is titled "Global logistics strategies and experiences: the case of Korea Express." The authors emphasize the impact that the rapid expansion of global trade is having on supply chain management. Based on the article, as the rate of expansion to the global trade increases, the need to have immediate, accurate, and more security to the content of shipment or logistic activities becomes crucial to the worldwide supply chain. The demand for modern ports, railway systems, and airlines have significantly increased over time, as shown by another article by Wong and Davison. The authors stipulate the importance of advancing ports to accommodate the international supply chain activities or logistics. Following the growth of globalization, countries must expand their ports since ports tend to act as the significant center of logistics activities in any economy. Moreover, Yang and Chen, 2016, talks about the major determinants of global logistics hub ports where they compare the port development strategy of three countries, including Japan, Taiwan, and Korea.
The scope and scale of global logistics systems often lead to real-time visibility to the challenges that tend to incur the individual assets along the process way. According to Sellevold et al., 2020, many organizations' decision-makers and logistics managers typically aggregate global logistics data to a manageable level to antic ...
The Role of Alternative Dispute Resolution ADR in Dispute Settlement of Logis...YogeshIJTSRD
The Alternative Dispute Resolution ADR provides a non litigation settlement mechanism for the parties of logistics activities. The advantages of ADR are highlighted in logistics dispute resolution due to the characteristics of logistics dispute and the difficulties faced in the litigation procedure. In the dispute resolution process, ADR means a simple, cost efficient, and convenient method for the parties involved to settle disputes quickly, flexibly, and friendly. With its legitimacy and rationality, ADR should be the preferred choice for the parties involved in logistics dispute resolution. Gao Quan "The Role of Alternative Dispute Resolution (ADR) in Dispute Settlement of Logistics Activities" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-3 , April 2021, URL: https://www.ijtsrd.com/papers/ijtsrd39925.pdf Paper URL: https://www.ijtsrd.com/management/other/39925/the-role-of-alternative-dispute-resolution-adr-in-dispute-settlement-of-logistics-activities/gao-quan
Here are some concepts and theories from transportation and logistics that are applicable in your role as a 3PL provider:
- Transportation modes theory - Your selection of optimal modes (road, rail, sea, air) for different legs of the shipment based on factors like shipment characteristics, infrastructure, time, and cost considerations directly applies this theory.
- Intermodal transportation - Combining different modes into a single seamless shipment from origin to destination leverages the strengths of each mode through intermodalism.
- Carrier selection criteria - Choosing reliable carriers based on availability, rates, equipment, and service quality aligns with carrier management concepts.
- Trade-off between time and cost - Balancing speed/transit time with
A STUDY ON CUSTOMER’S SATISFACTION MARKS CARGO PRIVATE LIMITED - 2Yogesh Santhan
This study entitled “A STUDY ON CUSTOMER’S SATISFACTION AT MARKS CARGO PRIVATE LIMITED, PONDICHERRY” is based on the services provided such as experience and opinion of the customers. By using their feedback it enables to determine the effectiveness.
This project explains ways in which customers feedback to implement the changes in the process can be used in long run. The primary data was collected from 54 customers from various industry sectors. The collected data were analyzed and it’s found that majority of them were aware and satisfied with the current services and have participated also. They suggest that certain aspects of the services and its process could be redefined and they should be updated based on the feedback of the customers towards it.
The study not only projects the current status of organization service process but also serves as a stepping stone to remedial measure for MARKS CARGO PRIVATE LIMITED.
Running head TRANSPORTATION LOGISTICS MANAGEMENT 1T.docxtodd521
Running head: TRANSPORTATION LOGISTICS MANAGEMENT 1
TRANSPORTATION LOGISTICS MANAGEMENT 7
Transportation Logistics Management
Transportation Logistics Management
New Challenges within Transportation and Logistics Management
1. Introduction
In a world that has fully embraced globalization and regional trade, transportation has become one of the most important businesses processes which enable effective carriage of raw materials to the manufacturers and manufactured goods to the end user. Currently, all the means of transportation are effectively used depending on the preference of the client. This crucial business process has led to the emergence of the transport logistics managers whose main role is to ensure that goods being transported reach their destination safely and on time. Over the years, transportation logistics has become one the most important process in the supply chain of any business as the key to satisfying customer demands and gaining a competitive advantage. However, the growth of the transportation and logistics industry has led to the development of new challenges over the years which continue to affect logistics management. The main challenge within the transportation and logistics management results from planning and risk management which has been caused by the changing environments within the industry. This paper seeks to investigate some of the planning and risk management challenges by answering the question; “what are the new challenges facing logistics managers and how can they be tackled?” It will outline three major challenges within transportation and logistics management and discuss probable solutions to each.
2. Literature Review
To research the challenges within transportation and logistics management, this paper will investigate the relationship between logistics management and supply chain management so as to specifically focus on the former throughout the research. This is because there is a strong relationship between transportation logistics management and the supply chains in that the former has become a critical element in supply chain management (Wang et al. 2016). The use of these terms in different resources has further expounded on this relationships forming the definition of these terms as follows: Logistics management is the act of organizing for the commercial transportation of goods or raw materials by ensuring that the transportation systems maintain an effective flow whereby the products being transported can reach the receiver safely and on time (Christopher, 2016). This activity incorporates different procedures such as recording data and information about the flow of goods, warehousing, and transportation.
According to Wang et al. (2016), it is the role of transportation and logistics managers to ensure quality handling of all the data and figures which account for daily operations and ensure that there is smooth coordination of tasks within a tran.
The Australian Textile, Clothing And Footwear EssayHeidi Owens
Here are the key advantages and disadvantages of airplanes:
Advantages:
- Very fast mode of transportation. Airplanes can transport people and goods over long distances much faster than boats or trains. This saves a significant amount of travel time.
- Convenient for passengers. Flying avoids the hassle of long road or sea journeys, reducing travel time and fatigue. Air travel allows people to reach their destinations much more quickly and conveniently.
- Reliable for time-sensitive cargo. Perishable goods and other time-sensitive cargo such as documents can be transported reliably by air in a matter of hours rather than days. This makes air transport well-suited for these types of goods.
Disadvantages:
This document summarizes the process of customs documentation for export and import trade in India. It discusses how customs house agents play a vital role in efficiently handling the complex documentation process on behalf of shippers and buyers. The summary is as follows:
1) Customs documentation is a complex process that involves filing various documents like shipping bills and bills of entry. It is made more efficient through the use of customs house agents.
2) Export documentation requires coordinating many documents from various parties and filing the shipping bill. Import documentation follows a similar process using bills of entry.
3) Customs house agents simplify this process by collecting necessary documents from shippers and buyers and filing the documents on their behalf using both manual
Globalization Is The Act Of Physical, Political, Social...Angie Lee
This document summarizes a business model that optimizes transportation operations to generate additional revenue. Currently, import stripping operations are inefficient, providing too few empty containers for exports. The business model proposes improving equipment and labor performance in import stripping to increase the number of empty containers transferred for export. This would allow the company to meet export container demands and avoid lost sales from container shortages. By focusing on optimizing core operations in the value chain, this model aims to enhance the customer experience and generate more revenue without requiring new products or services.
This document provides a review and summary of customs documentation processes for import and export trade. It discusses the key roles of customs house agents who assist with the complex documentation requirements on behalf of shippers and buyers. The summary is as follows:
1) Customs documentation plays a vital role in the import and export process, requiring a specific set of documents to be accurately filed for customs clearance.
2) Customs house agents handle the documentation responsibilities on behalf of shippers and buyers who may not have the time or expertise required.
3) The documentation process involves different requirements for export versus import, with export documentation requiring coordination of various certificates and filing the shipping bill correctly.
4) Electronic documentation systems have
This document discusses customs documentation for export and import trade in India. It provides an overview of the role of Customs House Agents who assist with the complex documentation process on behalf of shippers and buyers. The summary is as follows:
1) Customs documentation for trade is a complex process in India that involves many formalities and documents.
2) Customs House Agents play a vital role by efficiently handling documentation and facilitating swift customs clearance on behalf of shippers and buyers who may not have the time or expertise.
3) The role and responsibilities of Customs House Agents are regulated in India through the Customs House Agents Licensing Regulations.
Assignment on logistic and Supply chain Management Anup Roy
The document discusses several key aspects of supply chain management in the service industry:
1. Service industries have little need for physical inputs beyond office supplies and work with a smaller group of suppliers compared to manufacturing. Their primary inputs are labor and capital equipment to allow employees to do their work.
2. Traditional manufacturing supply chain management focuses on logistics of moving physical materials while service industries focus more on information flow and developing relationships with suppliers and customers.
3. The end goal for any company is satisfied customers. Supply chain design in services requires focus on efficient information flow and strong supplier relationships rather than physical logistics networks.
Evaluate Sustainability of Using Autonomous Vehicles for the Last-mile Delive...BIJIAM Journal
This study aims to determine if autonomous vehicles (AV) for last-mile deliveries are sustainable from three perspectives: social, environmental, and economic. Because of the relevance of AV application for last-mile delivery, safety was only addressed for the sake of societal sustainability. According to this study, it is rather safe to deploy AVs for delivery since current society’s speed restriction and decent road conditions give the foundation for AVs to run safely for last-mile delivery in metropolitan areas. Furthermore, AV has a distinct advantage in the event of a pandemic. The biggest worry for environmental sustainability is the emission problem. In terms of a series of emissions, it is established that AV has a substantial benefit in terms of emission reduction. This is mostly due to the differences in driving behaviour between autonomous cars and human vehicles. Because of AV’s commercial character, this research used a quantitative approach to highlight the economic sustainability of AV. The
study demonstrates the economic benefit of AV for various carrying capacities.
Article Published In Supply Chain AsiaPoonam Datta
The document discusses challenges and opportunities facing the logistics industry in Asia. It notes that logistics costs account for 9-20% of GDP in most countries. To thrive, logistics companies must provide value-added services beyond basic transport and leverage technology and partnerships to improve customer service. Emerging issues like new safety regulations and volatile freight rates are disrupting supply chains. Carriers and forwarders must adapt to instability and consolidation in the industry. Adopting transparency, new technologies, and strong leadership will help the logistics sector continue expanding.
Discussion Board 2
Cody Mitchell
Liberty University
In any business, there are always going to be various risks that have to be dealt with. One substantial risk for many businesses are shipping risks. Shipping risks are the risks that your product can be lost, stolen, damaged, or possibly detained while they are being shipped, before they reach the proper destination. Having goods that get lost at sea, damaging in the loading process, or damaged due to poor packaging are realities that must be addressed. With overseas shipping, various different customs documents and requirements may complicate the process and make it more difficult to ship your product internationally. When discussing exporting or importing goods, shipping risks are something that definitely need to be considered.
The shipping industry overall is a big part of business worldwide, generating $500 million in freight rates, representing 5% of the total global economy (Albertijn, Bessler, and Drobetz, 2011)”. While they affect a substantial amount of business, the impact of shipping risks on importing and exporting companies are even more significant. Importers and exporters both depend for the sake of their business on being able to sell and buy internationally. Even though technology has significantly increased, “the rate of shipping accidents has not been reduced to the desired levels (Celik, Lavasani, and Wang, 2010)”. Even though shipping isn’t the only form of transporting goods, there is also air transportation, and land transportation (depending on where the shipments are coming and going from), this is a startling fact. While this does add risk, to combat this, exporters that use water transportation just invest in marine insurance. Marine insurance protects the exporter just in case the goods get lost, or damaged at sea. Adding marine insurance may not solve the problem completely, but due to the need to ship products for importing and exporting companies, this will just be another liability to consider.
While learning about the liability associated with shipping risks, I also learned about the shipping industry’s long established cartels. Despite the fact that the accident rates among ships hasn’t gone down, this hasn’t stopped shipping companies from collaborating on prices and due to their international nature, “these cartels have been exempted from domestic legislation on competition (Davies, 1986)”. Further expanding on my knowledge of shipping risks and how import/export companies interact with them, I have also learned how freight forwarders are used to use this particular burden on the company. Overall, mostly I was shocked that the increase in technology hasn’t drastically reduced the accident rate in the shipping industry, but I know understand further how companies hedge their risks.
References
Albertijn, S., Bessler, W., & Drobetz, W. (2011, December 19). Financing Shipping Companies and Shipping O.
This document discusses how companies should balance their choice of transportation modes. It begins by providing context on the increased global trade and importance of transportation. It then discusses the trade-off between responsiveness and efficiency for different transportation modes like air, road, rail, etc. Key determinants that influence transportation mode selection are identified as cost, speed, safety, environmental impact, and inventory/facility location. The document will analyze these transportation modes and determinants in depth through literature review and company examples to demonstrate how companies can balance transportation needs, costs, and environmental/social responsibilities.
The Evolving Freight Forwarding Market (2018) Forwarders evolve and make inve...Vivien Cheong
This document summarizes a report on the evolving freight forwarding market in 2018. It finds that freight forwarders are expanding their role beyond simply arranging shipments to provide more value-added services like consulting and facilitating global trade. Forwarders face challenges from tight margins and capacity concerns. However, opportunities exist in regions like North America, Asia, and Europe as well as sectors like e-commerce, high-tech, and healthcare. Technology is increasingly important as forwarders invest in digital solutions to manage costs and provide visibility. The top freight forwarders are adapting through strategic investments in areas like online platforms, data analytics, and blockchain.
how e-commerce platform can help to boost logistics sector in indiaJayjeetsinh Vadher
The document discusses how e-commerce platforms can help boost India's logistics sector. It notes that the Indian logistics market is expected to grow significantly due to growth in manufacturing, retail, and e-commerce. However, India's logistics costs are high compared to other countries. The growth of e-commerce is increasing demand for logistics and forcing improvements in areas like supply chain management, warehouse infrastructure, and delivery. E-commerce platforms are helping to modernize and improve the management of India's large but disorganized logistics sector to make it more efficient.
Enhancing role of women in Bangladesh’s freight transportCINEC Campus
United Nations Economic and Social Commission for Asia and the Pacific
National Consultation Workshop on Sustainable Freight Transport, Bangladesh 18 May 2022
Generally, Women have a harder time finding a job than men even if they want to work.
International Labour organization (ILO) reiterates that the women also should be given the freedom to work – by choice,
in conditions of dignity, safety and fairness – Because it is integral to human welfare.
M Bridge 9 CASA Transfoming 10 PL Oganizations.pdfCINEC Campus
This document discusses logistics service providers and their evolution. It begins by defining a logistics service provider as a company that manages the flow of goods between origin and destination, handling shipping, inventory, warehousing and other functions. It notes that manufacturers outsource distribution, warehousing and fulfillment to these providers. It then discusses how third-party logistics providers specialize in integrated transportation and warehousing services, bridging manufacturers and transporters. Finally, it briefly introduces the concept of fourth-party logistics providers as consultants that assemble resources and technology for supply chain management.
Calculate the implied enterprise value of Rosetta Stone using the TawnaDelatorrejs
Calculate the implied enterprise value of Rosetta Stone using the average EV/EBITDA multiple for all three categories of comparable firms provided in Exhibit 9 and Rosetta Stone EBITDA provided in Exhibit 6, a total of three multiples. Interpret what these numbers suggest regarding the value of Rosetta Stone. The market-multiples approach seems easy. What are the some pros and cons of using a market-multiples approach in valuation?
Exhibit 9
EXHIBIT 6
Calculation PART
6
Global Logistics
Johnathan Murry
APUS
November 4, 2021
Introduction
Goods are typically produced from one region and transported to another region, where the consumers demand them. This is what is referred to as global logistics. It involves managing the flow of goods when they get transferred from the production region, which could be one part of the world, to the other where they are consumed. In essence, global logistics tends to connect vital components of the supply chain from the origin point of the products to the point where they are consumed by the consumers while ensuring time and efficient distribution is achieved throughout the supply chain process. The movement of goods is the primary aspect of global logistics, and it can be accomplished through several ways, including shipping, plane, truck, or train. The paper will analyze literature to show various authors' different perspectives regarding global logistics and its insights.
Literature Review
Hong and Vonderembse published the first article to review in 2011. The article is titled "Global logistics strategies and experiences: the case of Korea Express." The authors emphasize the impact that the rapid expansion of global trade is having on supply chain management. Based on the article, as the rate of expansion to the global trade increases, the need to have immediate, accurate, and more security to the content of shipment or logistic activities becomes crucial to the worldwide supply chain. The demand for modern ports, railway systems, and airlines have significantly increased over time, as shown by another article by Wong and Davison. The authors stipulate the importance of advancing ports to accommodate the international supply chain activities or logistics. Following the growth of globalization, countries must expand their ports since ports tend to act as the significant center of logistics activities in any economy. Moreover, Yang and Chen, 2016, talks about the major determinants of global logistics hub ports where they compare the port development strategy of three countries, including Japan, Taiwan, and Korea.
The scope and scale of global logistics systems often lead to real-time visibility to the challenges that tend to incur the individual assets along the process way. According to Sellevold et al., 2020, many organizations' decision-makers and logistics managers typically aggregate global logistics data to a manageable level to antic ...
The Role of Alternative Dispute Resolution ADR in Dispute Settlement of Logis...YogeshIJTSRD
The Alternative Dispute Resolution ADR provides a non litigation settlement mechanism for the parties of logistics activities. The advantages of ADR are highlighted in logistics dispute resolution due to the characteristics of logistics dispute and the difficulties faced in the litigation procedure. In the dispute resolution process, ADR means a simple, cost efficient, and convenient method for the parties involved to settle disputes quickly, flexibly, and friendly. With its legitimacy and rationality, ADR should be the preferred choice for the parties involved in logistics dispute resolution. Gao Quan "The Role of Alternative Dispute Resolution (ADR) in Dispute Settlement of Logistics Activities" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-3 , April 2021, URL: https://www.ijtsrd.com/papers/ijtsrd39925.pdf Paper URL: https://www.ijtsrd.com/management/other/39925/the-role-of-alternative-dispute-resolution-adr-in-dispute-settlement-of-logistics-activities/gao-quan
Here are some concepts and theories from transportation and logistics that are applicable in your role as a 3PL provider:
- Transportation modes theory - Your selection of optimal modes (road, rail, sea, air) for different legs of the shipment based on factors like shipment characteristics, infrastructure, time, and cost considerations directly applies this theory.
- Intermodal transportation - Combining different modes into a single seamless shipment from origin to destination leverages the strengths of each mode through intermodalism.
- Carrier selection criteria - Choosing reliable carriers based on availability, rates, equipment, and service quality aligns with carrier management concepts.
- Trade-off between time and cost - Balancing speed/transit time with
A STUDY ON CUSTOMER’S SATISFACTION MARKS CARGO PRIVATE LIMITED - 2Yogesh Santhan
This study entitled “A STUDY ON CUSTOMER’S SATISFACTION AT MARKS CARGO PRIVATE LIMITED, PONDICHERRY” is based on the services provided such as experience and opinion of the customers. By using their feedback it enables to determine the effectiveness.
This project explains ways in which customers feedback to implement the changes in the process can be used in long run. The primary data was collected from 54 customers from various industry sectors. The collected data were analyzed and it’s found that majority of them were aware and satisfied with the current services and have participated also. They suggest that certain aspects of the services and its process could be redefined and they should be updated based on the feedback of the customers towards it.
The study not only projects the current status of organization service process but also serves as a stepping stone to remedial measure for MARKS CARGO PRIVATE LIMITED.
Running head TRANSPORTATION LOGISTICS MANAGEMENT 1T.docxtodd521
Running head: TRANSPORTATION LOGISTICS MANAGEMENT 1
TRANSPORTATION LOGISTICS MANAGEMENT 7
Transportation Logistics Management
Transportation Logistics Management
New Challenges within Transportation and Logistics Management
1. Introduction
In a world that has fully embraced globalization and regional trade, transportation has become one of the most important businesses processes which enable effective carriage of raw materials to the manufacturers and manufactured goods to the end user. Currently, all the means of transportation are effectively used depending on the preference of the client. This crucial business process has led to the emergence of the transport logistics managers whose main role is to ensure that goods being transported reach their destination safely and on time. Over the years, transportation logistics has become one the most important process in the supply chain of any business as the key to satisfying customer demands and gaining a competitive advantage. However, the growth of the transportation and logistics industry has led to the development of new challenges over the years which continue to affect logistics management. The main challenge within the transportation and logistics management results from planning and risk management which has been caused by the changing environments within the industry. This paper seeks to investigate some of the planning and risk management challenges by answering the question; “what are the new challenges facing logistics managers and how can they be tackled?” It will outline three major challenges within transportation and logistics management and discuss probable solutions to each.
2. Literature Review
To research the challenges within transportation and logistics management, this paper will investigate the relationship between logistics management and supply chain management so as to specifically focus on the former throughout the research. This is because there is a strong relationship between transportation logistics management and the supply chains in that the former has become a critical element in supply chain management (Wang et al. 2016). The use of these terms in different resources has further expounded on this relationships forming the definition of these terms as follows: Logistics management is the act of organizing for the commercial transportation of goods or raw materials by ensuring that the transportation systems maintain an effective flow whereby the products being transported can reach the receiver safely and on time (Christopher, 2016). This activity incorporates different procedures such as recording data and information about the flow of goods, warehousing, and transportation.
According to Wang et al. (2016), it is the role of transportation and logistics managers to ensure quality handling of all the data and figures which account for daily operations and ensure that there is smooth coordination of tasks within a tran.
The Australian Textile, Clothing And Footwear EssayHeidi Owens
Here are the key advantages and disadvantages of airplanes:
Advantages:
- Very fast mode of transportation. Airplanes can transport people and goods over long distances much faster than boats or trains. This saves a significant amount of travel time.
- Convenient for passengers. Flying avoids the hassle of long road or sea journeys, reducing travel time and fatigue. Air travel allows people to reach their destinations much more quickly and conveniently.
- Reliable for time-sensitive cargo. Perishable goods and other time-sensitive cargo such as documents can be transported reliably by air in a matter of hours rather than days. This makes air transport well-suited for these types of goods.
Disadvantages:
This document summarizes the process of customs documentation for export and import trade in India. It discusses how customs house agents play a vital role in efficiently handling the complex documentation process on behalf of shippers and buyers. The summary is as follows:
1) Customs documentation is a complex process that involves filing various documents like shipping bills and bills of entry. It is made more efficient through the use of customs house agents.
2) Export documentation requires coordinating many documents from various parties and filing the shipping bill. Import documentation follows a similar process using bills of entry.
3) Customs house agents simplify this process by collecting necessary documents from shippers and buyers and filing the documents on their behalf using both manual
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This document provides a review and summary of customs documentation processes for import and export trade. It discusses the key roles of customs house agents who assist with the complex documentation requirements on behalf of shippers and buyers. The summary is as follows:
1) Customs documentation plays a vital role in the import and export process, requiring a specific set of documents to be accurately filed for customs clearance.
2) Customs house agents handle the documentation responsibilities on behalf of shippers and buyers who may not have the time or expertise required.
3) The documentation process involves different requirements for export versus import, with export documentation requiring coordination of various certificates and filing the shipping bill correctly.
4) Electronic documentation systems have
This document discusses customs documentation for export and import trade in India. It provides an overview of the role of Customs House Agents who assist with the complex documentation process on behalf of shippers and buyers. The summary is as follows:
1) Customs documentation for trade is a complex process in India that involves many formalities and documents.
2) Customs House Agents play a vital role by efficiently handling documentation and facilitating swift customs clearance on behalf of shippers and buyers who may not have the time or expertise.
3) The role and responsibilities of Customs House Agents are regulated in India through the Customs House Agents Licensing Regulations.
Assignment on logistic and Supply chain Management Anup Roy
The document discusses several key aspects of supply chain management in the service industry:
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2. Traditional manufacturing supply chain management focuses on logistics of moving physical materials while service industries focus more on information flow and developing relationships with suppliers and customers.
3. The end goal for any company is satisfied customers. Supply chain design in services requires focus on efficient information flow and strong supplier relationships rather than physical logistics networks.
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Discussion Board 2
Cody Mitchell
Liberty University
In any business, there are always going to be various risks that have to be dealt with. One substantial risk for many businesses are shipping risks. Shipping risks are the risks that your product can be lost, stolen, damaged, or possibly detained while they are being shipped, before they reach the proper destination. Having goods that get lost at sea, damaging in the loading process, or damaged due to poor packaging are realities that must be addressed. With overseas shipping, various different customs documents and requirements may complicate the process and make it more difficult to ship your product internationally. When discussing exporting or importing goods, shipping risks are something that definitely need to be considered.
The shipping industry overall is a big part of business worldwide, generating $500 million in freight rates, representing 5% of the total global economy (Albertijn, Bessler, and Drobetz, 2011)”. While they affect a substantial amount of business, the impact of shipping risks on importing and exporting companies are even more significant. Importers and exporters both depend for the sake of their business on being able to sell and buy internationally. Even though technology has significantly increased, “the rate of shipping accidents has not been reduced to the desired levels (Celik, Lavasani, and Wang, 2010)”. Even though shipping isn’t the only form of transporting goods, there is also air transportation, and land transportation (depending on where the shipments are coming and going from), this is a startling fact. While this does add risk, to combat this, exporters that use water transportation just invest in marine insurance. Marine insurance protects the exporter just in case the goods get lost, or damaged at sea. Adding marine insurance may not solve the problem completely, but due to the need to ship products for importing and exporting companies, this will just be another liability to consider.
While learning about the liability associated with shipping risks, I also learned about the shipping industry’s long established cartels. Despite the fact that the accident rates among ships hasn’t gone down, this hasn’t stopped shipping companies from collaborating on prices and due to their international nature, “these cartels have been exempted from domestic legislation on competition (Davies, 1986)”. Further expanding on my knowledge of shipping risks and how import/export companies interact with them, I have also learned how freight forwarders are used to use this particular burden on the company. Overall, mostly I was shocked that the increase in technology hasn’t drastically reduced the accident rate in the shipping industry, but I know understand further how companies hedge their risks.
References
Albertijn, S., Bessler, W., & Drobetz, W. (2011, December 19). Financing Shipping Companies and Shipping O.
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M Bridge 2 (1) CASA 2018 The Logistician cum Lawyer.pdf
1. BRIDGE
June 2018 2nd
Edition
The Logistician cum Lawyer
Prathiba Mahanamahewa1
, Lalith Edirisinghe2*
1
Department of Commercial Law,
University of Colombo, Sri Lanka
Email: mahanamahewa@yahoo.com
Tel:0777399901
2
Faculty of Management Humanities and Social Sciences
CINEC Campus, Malabe, Sri Lanka
* Corresponding author
Email: lalith.edirisinghe@cinec.edu
Telephone: + 94 777 562 505
2. Introduction
Logistics, in general, is defined as the detailed organization and implementation of a complex
operation. Before it became a buzz word in business community the logistics originated in the
military as the indispensable activity of organizing the movement, equipment, and accommodation
of troops. However, today this word mainly signifies the commercial activity of transporting goods
to customers. On the other hand, a person who practises or studies law, a legal practitioner,
attorney, legal officer, legal adviser, legal representative, or a member of the bar is considered as
the lawyer. Therefore, from the outer perspectives one cannot realize a relationship between these
two key words. This article attempts to appraise the connection between the two aspects. Logistics
performance is strongly associated with the reliability of supply chains and the predictability of
service delivery available to producers and exporters (Edirisinghe & Muller, 2013)
Logistics refers to a series of services and activities, such as transportation, warehousing, and
brokerage, that help to move goods and establish supply chains across and within borders (Arvis,
et al., 2016). As the terms suggest international logistics, transportation and supply chain are full
of complicated series of processes. These activities are performed under different international
trading contexts and the law that applies in such conditions is always a puzzle. Therefore, the
distribution, transportation, and logistics industry is a tough environment governed by the laws of
distribution. Yet, companies also need to face economic crime or fraud which forces them to
navigate the regulatory minefield not only in their home country, but also in every single territory
in which they hold operations. The fact is that 45% of transportation and logistics companies have
experienced fraud in one form or another over the last two years. Although the damage is not
counted in human lives, it remains damaging in many ways and includes substantial financial costs,
as well as damaging employee morale, the vendor-supplier relationship, or the company’s
competitive edge (Earle, 2013). Logistics is the function responsible for the flow of materials from
suppliers into an organization, through operations within the organization and then out to
customers (Edirisinghe, 2017). Maritime and logistics performance are complimentary
phenomena. Improving logistics performance is at the core of the economic growth and
competitiveness agenda (Arvis, et al., 2016).
3. Cargo theft may occur not only in freight-forwarding and storage operations, but also during
transportation or in the process of loading and unloading. The risks of cargo theft have been
increased by extensive subcontracting and use of owner-drivers. On the other hand, the industry is
trying to reduce the risks of petty pilferage through sealed containers and track and trace systems.
Up to 73% of the companies operating in the distribution, logistics, and transportation industry
have been confronted with this type of fraud in one form or another (Earle, 2013). The global
logistics market, in terms of revenue, is set to expand from US$8.1 trillion in 2015 to US$15.5
trillion by 2023, registering a compound annual growth rate (CAGR) of 7.5% from 2015 to 2024.
By volume, the market is expected to clock in a 6.0% CAGR from 2016 to 2024
(www.transparencymarketresearch.com, 2018). With this kind of industry growth, the next few
years will see a giant leap in the need for qualified workers in this field (Hughes, 2015) . Most
logistics disputes are raised due to problems in practice and errors in operations and
documentation. It is therefore important for any logistics firm to have a logistics lawyer as he/she
would be the only one able to put the governance for the logistics operations in the firm in order
to avoid such problems. Furthermore, the logistics lawyer is the most suitable person to resolve
any disputes in logistics transactions (Hawawy, 2011).
The Role of Law in logistics
When the Icelandic volcano erupted in 2010, the reactive response of European transport ministries
and civil aviation authorities resulted in uncertainty and delays in restarting air traffic. There was
a failure to recognize in advance the potential threat presented by such ash clouds, along with
inflexible aviation protocols and the absence of any pre-existing agreement on safe ash levels.
Similarly, well-intentioned government initiatives such as air cargo screening can impede the
efficient flow of transport networks (Sarah, 2012). There are many supply chain and transport
concerns that have increased organizations’ risk profile. Therefore, legislation and regulation play
a key role in the dynamic supply chains. Controlling logistics costs allows companies to maintain
a competitive edge, since lower logistics costs translate into competitive external trade
(Edirisinghe & Jayathilake, 2014). Apart from the basic operational costs the legal aspects
sometimes create serious drawbacks when it is not handled by the competent law professionals.
4. In historical perspectives the word logistics commenced with the inception of military law in the
west for planning and distributing goods for various military targets, but law related to commercial
logistics existed in ancient Greece under “Lex Macatoria”. The word Logistics commercialised
and inserted to the business law branch under English common law at the end of the second world
war with the concept of Liza fare. Today the term law in logistics has been used by the general
public as a synonym for the process of documents related to transportation of goods from the
manufacturer to the end user of the product. However, in academia, the law in business logistics
means the process of planning, implementing, and controlling the efficient, effective flow and
storage of goods, services, and related information from the point of origin to the point of
consumption for conforming to customer requirements.
The logistics and transportation of goods by sea, air, rail and road is increasingly global and is
influenced by a legal method of national and international laws. This world of logistics and
transportation is highly competitive and lucrative for companies to remain in this competitive field
many clients of these companies have complaint to various authorities of mishandling and
negligence activities done by relevant parties to the transportation contracts and other types of
documents. There is a timely requirement for several companies involved in international
transportation and procurement process for proper guidance from lawyer’s expertise and research
this area of law. Companies could once rely on experts that specialised in specific fields like
maritime law or rail transportation law with their experience and skills could prevent many legal
suits against the company and their will and finally theses lawyers can save millions of dollars
which spend for litigation. Therefore, Employers in Import and export business always recruit
lawyers have completed their higher legal studies in logistics and transportation law Some
countries have promulgated laws on logistics with the intent of better defining the sector and its
operating environment (Arvis, et al., 2016).
How the knowledge in law can help logistics?
Thanks to globalization, lean processes, and the geographical concentration of production, among
other factors, supply chain and transport networks are more efficient than ever before. This
increasing sophistication and complexity, however, is accompanied by increasing risk (Sarah,
2012). The legal department of each company must be fully equipped with all the International
5. conventions and rules related to logistics and the domestic law because the company can save
millions of dollars unnecessary paying for the parties in breach of a contract. Therefore, any
documents prepared by the logistics department with simple mistakes and gaps in theses
transportation documents the companies may face severe legal consequences in courts. There are
several UN conventions and Hague rules as well as Multi model transportation law by UNESCO
related to contracts of international transportation of good by sea and air. Sri Lanka in 1982 directly
adopted The Hague rules to 1982 carriage of Goods by Sea act Sri Lanka. Attorneys possessed
with clear knowledge in laws related to Logistics and transportation can instruct the companies
involved in international export and import business about negotiating and bargaining of contracts,
necessary clauses related to contracts and terms and conditions, disputes resolution clause,
preparation and peruse documents related to international transportation etc. Therefore, logistics
education and training play a key role. In any country there exists certain popular higher education
stream. For example, in Sri Lanka, Engineering, Medicine, Accountancy, Information technology,
and Marketing are the most popular higher education streams (Edirisinghe, Zhihong and Shen,
2016). However, logistics is still not a buzz word in the society as far as Sri Lanka is concerned.
Global Logistics Performance
The globalization has increased the need for interconnectedness for the respective countries to
cross their borders (Edirisinghe, 2013). The Global Competitiveness Report considers twelve
variables for ranking that comprise institutions, infrastructure, macroeconomic framework, health
and primary education and higher education and training. Logistics performance both in
international trade and domestically is central to the economic growth and competitiveness of
countries, and the logistics sector is now recognized as one of the core pillars of economic
development (Arvis, et al., 2016). Thanks to globalization any country is now interdependent
rather than independent. In a global economy, no nation is self-sufficient thus many countries are
involved at various levels in trading and manufacturing and lead to produce more efficiently in
some sectors (Edirisinghe & Ratnayake, 2015). Global logistics entails trade-offs in facility
location, distribution networks, the routing and scheduling of deliveries by different modes of
travel (e.g., air, water, truck, rail), procurement, and the overall management of international
supply chains. In an increasingly global economy, then, logistics has become a very important
matter in the success or failure of an organization. It is an integral part of supply chain management
6. that involves not just operations management considerations, but production engineering and
regional science issues as well (Bookbinder, 2013). Although risks have increased, there are
concerns about the ability of organizations to address this new risk profile (Sarah, 2012). However,
the fact remains that the global integration in product, capital and labour markets has resulted in a
more efficient allocation of economic resources in terms of global utilization. For every business,
there are different logistics needs and diverse ways to evaluate operational success. A static
logistics strategy will cause serious harm to customer service and the bottom line. It’s detrimental
to not benchmark success or direction for improvement (PLS Logistics Services, nd). The results
of Connecting to Compete 2016 point to Germany as the best performing country, with an LPI
score of 4.23, and Syria as the lowest, with a score of 1.60 (Arvis, et al., 2016). Cargo logistics
assigns one or more out of five key transport modes namely, water, air, rail, road, and pipelines.
Shipping, the increasingly efficient and swift method of water transport, led to greatly reduced
transport costs, and supported a vast increase in international trade (Edirisinghe, 2016). The liner
shipping connectivity index illustrates trends in different countries (UNCTAD, 2017). The index,
uses five components: the number of ships deployed to and from each country’s seaports, their
combined container-carrying capacity, the number of companies that provide regular services, the
number of services and the size of the largest ship.
Logistics insights and the logistics review of Sri Lanka
Logistics performance depends on the availability to traders of reliable supply chains and
predictable service delivery. Global supply chains are becoming more complex, and the safety,
social, environmental, and other regulations affecting traders and operators are becoming more
demanding (Arvis, et al., 2016). Most enterprises have logistics and transportation risk
management protocols that can address localized disruptions. Global supply chain risks, however,
can have cascading and unintended consequences that no one organization can mitigate (Sarah,
2012). The World Bank’s Logistics Performance Indicator (LPI) analyses countries in six
components namely,
1. The efficiency of customs and border management clearance
2. The quality of trade and transport infrastructure
3. The ease of arranging competitively priced shipments
7. 4. The competence and quality of logistics services
5. The ability to track and trace consignments
6. The frequency with which shipments reach consignees within scheduled or expected
delivery times
From above key pillars, it is evidenced the enormous contribution of law under various
perspectives. A global shipment commenced because of an international trading activity. In
economic terms, shipping is a “Derived demand” of the international trading and not a direct
demand (Edirisinghe, et al., 2016 b). It passes two borders namely in the originating country and
in the destination country. It commonly uses multimodal transport system before reaches the
consignee. Shipping is the most popular mode for cargo transportation. It is acknowledged that
more than 90% of global trade is carried by sea (Edirisinghe, et al., 2015). From the business
perspectives, the shipping has a dispersed international nature (Edirisinghe & Zhihong, 2016 a) It
uses local and foreign infrastructure whether soft such as information technology or hard such as
ports and terminals. The system, that proved its potential as an increasingly efficient and swift
method of transport, led to greatly reduced transport costs, and supported a vast increase in
international trade (Edirisinghe, 2016). Most experts agree that the 2008 financial crisis coincided
with new trends in global trade, ending a phase when trade, and hence logistics, grew faster than
production (Arvis, et al., 2016).
For example, in the case of Boeing, the super-efficient 787 Dreamliner, 50 outside suppliers spread
around the world account for 65 percent of the value of the aircraft (Chegg study, nd). The 2016
survey confirms that the policy agenda is becoming more complex. The demand for
environmentally friendly logistics solutions, or green logistics, is gradually becoming a common
feature in most advanced logistics environments (Arvis, et al., 2016). Therefore, students’
aspiration will be limited to such sectors only. It may need a long term strategic vision by MET
institutes to systematically change the traditional trends. Many parents and school authorities may
not be aware of the opportunities available in the transport and logistics sector for Tertiary
Education in Sri Lanka (Edirisinghe, 2015). The maritime industry is already feeling the effects of
seafarer recruitment challenges even though grey clouds of unemployment are very much in the
existence particularly with respect to junior officers in the marine market place (Edirisinghe, et al.,
2016). It is evident from the market poor social awareness about the logistics industry that more
emphasis by the policy makers are essential. Sri Lanka should transform a separate statuary body
8. for logistics enhancing the necessary coordination between all border management agencies
particularly to ease bottlenecks in customs and other border agencies (Edirisinghe 2013). Logistics
support infrastructure development is a key driver in improved efficiency in supply chain. Sri
Lanka has made heavy emphasis on improving infrastructure to facilitate the hub concept
(Edirisinghe & Wijeratne, 2015). Port of Colombo presently handle about 72% of transhipment
containers from India. However, apart from the hard infrastructure the competence of workforce
and soft skills such as knowledge in legal aspects is logistics plays a critical role.
Laws related to logistics
Supply chains are complex, but their performance is largely dependent on country characteristics,
especially the soft and hard infrastructure and institutions that logistics requires to operate well,
such as imports, regulations, procedures, and behaviours (Arvis, et al., 2016). With the expansion
of electronic transactions and e-commerce around the globe the international carriage of goods
industry has developed into a multi model transportation system combination of sea, air, rail and
road in the last couple of years and benefited both the buyer and seller. In this context
transportation and logistics industry requires an understanding of UN conventions, Hague Rules,
Hague-Visby rules, Hamburg Rules, for transportation of Goods by sea. Warsaw Convention,
Montreal Convention and added protocols for carriage of Goods by Air and UNESCO multi model
law. In addition, all countries signed and ratified the above rules and conventions absorbed them
to their domestic laws, regulations. On the other hand, it is necessary to know the laws related to
marine and admiralty insurance and the relevant legal principles of supply chain management. The
principles of trade and transport facilitation have been formalized and adopted in several
international agreements under the aegis of United Nations bodies and specialized agencies (World
Customs Organization, WTO). Instruments such as the TIR Convention, the Kyoto Convention,
and more recently the WTO Trade Facilitation Agreement have been playing an important role in
motivating, guiding, and providing clear technical targets for projects in developing countries.
Other initiatives, not necessarily global, are also energizing the agenda (Arvis, et al., 2016)
Education in Logistics based Law
9. In the last decade, the logistics-based law was existed at primary stages because there was no
undergraduate or post-graduate degree specialized for logistic and transportation Law in Public or
International Universities. Currently, the Logistic and transportation law is only a subject in the
degree or post-graduate degree in Sri Lanka. The field of logistics encompasses customs
regulation, transportation insurance, documents related to carriage of goods by sea and air, military
contracting, administrative law for transportation, and other topics. In this context, logistics is a
branch of business law curriculum and many lawyers are unaware about this subject area of law.
This field won a huge attraction during the introduction of open economy in 1980s’and the early
2000 in Sri Lanka. As a result, from a layman’s perspective, but not necessarily from an academia
view point, every person mainly people involved in international trade considered the laws related
to logistics. This establishment of various government ministries and departments related to export
and import demanded for professionally qualified lawyers in this specialised area. This has resulted
in the growth of international transportation industry, which is now one of the largest export
revenue generates for Sri Lanka. Therefore, it is timely requirement to commence a law degree
and post graduate law degree based in Logistic law. The rationale for a law is that logistics
integrates many activities and may not be properly supported by a regulatory framework designed
for industrial or commercial enterprises. There is still limited international experience in this
respect. The World Bank has so far advised two countries, Greece and Morocco, in preparing a
regulatory framework for logistics (Arvis, et al., 2016). Therefore, education in logistics-based
law is undoubtedly a key driver in improved logistics performances.
What Do Transportation and Logistics Lawyers Do?
There is a big demand from the blue-chip companies and International shipping companies for
lawyers who expertized the area of international transportation and logistics for resolve the burning
issues raised by their client in the recent past. The following work is done by the logistic lawyers.
• Preparation of transportation contracts and the documents related to insurance for client
shippers
• Acting on behalf of clients in business negotiations with trucking and brokerage companies
10. • representing clients in international shipping matters, including border crossing issues,
customs, and freight forwarding
• keeping up with pending transportation legislation and advising clients on these matters
• representing international airport authorities in matters of everything from debt issuance to
rental car agreements to construction matters to aviation regulatory and compliance
matters.
• representing both trucker dealers and jet aircraft sales/broker companies in operations,
expansions, and acquisitions
• Update the clients in relation to amendment of laws and regulations including by-laws
related to logistics
Conclusions
This article emphasised the need for expanding the legal logistics education beyond the general
university curriculum. Multifaceted benefits for lawyers who are aware commercial laws and laws
related to logistics. Many logistics companies do not pay much attention to develop competencies
in law related to logistics and supply chain despite the potential risks associated in their business
in this area. Usually these companies designate this responsibility totally to consultancy firms
because it is a specialized area. As a result, the company’s learning curve does not improve in
logistics matters with a legal background even if the similar type of legal matters are frequent
occurrences. Although the legal matters are highly complicated and should be handled by the
qualified law professionals the respective staff in other departments such as marketing, operation
and customer services should be able to at least analyse a case and understand its legal background
to propose policy guidelines thus to avoid repetitions of that nature. This could also be considered
an effective capacity building effort in a company that provides the respective staff with required
skills to contribute in an effective manner.
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About authors
Dr. Prathiba Mahanamahewa is an Attorney-at-Law specializing in both
Business and Commercial Law areas. He holds a Ph.D, in Law from
University of Queensland, Australia. He is the founder Dean Law,
Kotelawala Defence University and Former Commissioner Sri Lanka
Securities and Exchange Commission and Director of Studies LL.M
program and reviewer in many local and international law Journals. .
Dr. Lalith Edirisinghe commenced his carrier in 1981 as a trainee Cadet Officer in
Merchant Navy under Ceylon Shipping Corporation. He holds a PhD, in
Transportation planning and Logistics Management. He is an Editor of the Research
for Transport and Logistics Industry and CINEC Academic Journal. and reviewer in
many international journals. He counts 37 years’ work experience in the fields of
maritime; Marketing, supply chain management in both government and private
sector organizations.