Upon successful completion of this course, the student will be able to explain the Transportation Management and Business Logistics processes, including the carrier-shipper interactions and Transportation pricing; develop an economic foundation of the cost and service components of Transportation pricing, Private Transportation and carrier operations; and, will be able to comprehend managerial implications of carrier negotiations, and future strategic transportation directions.
- To develop the skills and capabilities of the student in applying Transportation Management processes based on the core foundation of Transportation knowledge and principles developed from the prior course in Transportation Systems.
- To describe the multiple inter-dependent, as well as integrated, elements performed by both shippers and carriers, so that the Student will be able to develop practical and results-driven, business solutions to the Transportation Management process.
- To enable the Student to apply excellent quality and competency by being able to utilize and professionally express the decision-making skills necessary to successfully compete in todays Transportation environment.
- This course describes the new and emerging role of Information Management and Technology and it’s dynamic application to drive improved, faster, and significantly higher-quality decision-making and results.
- This course is based on the most relevant educational information on Transportation in existence today by the leading educators in the industry i.e. Professors Coyle, Bardi, and Novack, copyright 2006.
- Students who diligently apply themselves and subsequently successfully complete this course, will benefit in their jobs and careers from the “real-world” application of this knowledge, whether this course is taken as a “stand-alone” course in Transportation or as a key element in the larger environment of Logistics and Supply-Chain Management.
Major topics covered in the course Transportation Management are Transportation in the Economy, demand for Transportation, Transportation regulation and public policy, and the economic and service characteristics of Motor Carriers, Railroads, Air Carriers, Water Carriers, Pipelines, Intermodal special carriers, and International technology. Additionally, it covers market considerations, costing, rate-making, rate discounting, value-of-service, contract rates and pricing.