SHIPPING COMPANIES

Shipping primarily means the transport of goods from the departure place to the destination. The nature of transport may be through cargo, ship, trains and roads. Most of the industries outsource the transport to the shipping companies. There are a multiple of Shipping companies doing this business full time. There are many different menus of transport policies available in transporting the raw materials and finished goods. In some case the shippers take the responsibility and insurance charges for the delivery. Some of the shipping terms include freight on board, cost and freight. The shipping today has become a day to day activity of the business man and ordinary citizen. The ordinary person depends on shipping companies for the transport of his letters and parcels in his day to day life. The big companies and business me depend on shipping to buy the raw materials, then to deliver the finished goods. This mainly backs the economy of our country. And also increases the inter trade between the countries. The transaction may be of two type’s commodity to money or commodity to commodity. For example we have high production of wheat and rice, so we may export to the neighboring country and in return we may get money or we can demand any scare material such as gold. This is not possible without a shipping company. Dhl is a good example of a shipping company providing its service overseas. In estimating a country’s economy net import and export plays an important role. In ancient times the income to the kingdoms of south India was mainly through inland trading, which is hundred percent based on shipping.

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