Definition
Intermodal transport refers to the movement of goods or cargo using multiple modes of transportation, such as trucks, trains, ships, or airplanes, within a single journey or shipment. It involves the seamless transfer of cargo containers or trailers between different modes of transport to optimize efficiency, reduce costs, and expedite delivery. Intermodal transport combines the strengths of various transportation modes to overcome geographical constraints, enhance flexibility, and improve the overall effectiveness of the supply chain network.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.