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Transportation Costs
(redirected from Transport Cost)

   Also found in: Encyclopedia 0.01 sec.
Transportation Costs
The expenses a company incurs when it transfers its inventory or other assets to another location. For example, a company must pay a trucking or shipping company. If a company is delivering a product, it may pass on the costs to the customer. Alternatively, it may spread its transportation across all products, or it may simply absorb the costs. See also: Incoterm, Shipping and handling, Transportation risk.


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The company also has not covered the transport costs of the three-hour commute between Mahalla and Cairo which Habib has been forced to make daily.
Besides, since Indian ports are not deep enough, the VLCCs have to be anchored on the high seas and smaller daughter ships bring the oil to the port, which increases the transport cost for crude imports.
The two sides agreed on the importance of setting the suitable procedures to overcome the obstacles, facilitating trucks and goods movement, reducing transport costs, activating the work of the dry channel between the two countries and encouraging the Iraqis to use the Syrian ports.
 
 
 
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