A Evaluation on the Market Potential of Freight Forwarding Business with Special Reference to Pentagon Logistics
CS. Gowtham Chakravarthy1, Anbarasi2, R. Selva3
1CS. Gowtham, Department of Management Studies, Bharath Institute of Higher Education and Research, Chennai (Tamil Nadu), India.
2Anbarasi, Department of Management Studies, Bharath Institute of Higher Education and Research, Chennai (Tamil Nadu), India.
3R. Selva, Department of Management Studies, Bharath Institute of Higher Education and Research, Chennai (Tamil Nadu), India.
Manuscript received on 17 August 2019 | Revised Manuscript received on 08 September 2019 | Manuscript Published on 17 September 2019 | PP: 759-765 | Volume-8 Issue-2S8 August 2019 | Retrieval Number: B14830882S819/2019©BEIESP | DOI: 10.35940/ijrte.B1483.0882S819
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Abstract An attempt has been made in the present paper to see is there long run equilibrium relationship between the improvement of universal transportation, cargo forwarders have turned out to be increasingly more significant in global transportation. Worldwide transportation is a procedure of work and a task completed in collaboration with numerous gatherings. Shippers, transporters, cargo forwarders, traditions and traditions intermediaries are associated by the payload development. A cargo forwarder goes about as the fashioner of global transportation, which assumes a significant job in universal transportation. Cargo forwarders orchestrate the entire transportation from the shipper’s place to the end goal, since cargo forwarders can configuration proper transportation answers for clients. With the assistance of cargo forwarders, the transportation is increasingly solid and cargo forwarders can assist clients with cutting additional expenses. The aim of this research was to explain the procedure for global transit, the benefits of the use of delivery companies in global shipping and the benefits that the radius server can bring to the buyer.
Keywords: Pentagon Logistics, Frieght Forwarding.
Scope of the Article: Marketing and Social Sciences