Question

can u guess why these commodities do not get spoilt while they are being transported

Answer 1

Commodity trading relies on intricate and complex global flows of goods, with most major traders operating with high value, high volume trades which often have razor thin margins.

Despite making approximately $44 billion last year from arbitrage around oil price volatility, commodity traders can grow larger still if digitisation takes hold.

The ability to control and manage this nebulous network of trading and payment is currently serviced by seemingly outdated systems. Most traders rely on centuries old documentation in the 21st century to manage extensive global client bases.

Answer 2

Commodity storage

Commodities are stored in different manners. This will mostly depend on the type of commodity, but can also be influenced the transportation method. The commodity itself will however be the primary factor for selecting the most suitable storage method, as there are commodities which need to be protected against weather conditions, deterioration or physical damage.

Ocean freight

Ocean freight makes up for an important portion of the total transportation of commodities across the globe. Ships are a very effective method for transporting commodities since they are capable of transporting large quantities with relative safety. There are many different types of ships in different sizes.

Rail Freight

The use of railway cars is an effective method for transporting commodities. It is commonly a faster form of land transportation, compared to truck transportation. A single freight train is also capable of transporting a much greater cargo than a single truck.

Truck freight

Trucks perform an essential role in commodity transportation. They are capable of functioning as an intermediary between the other transportation types such as rail and ships and the destinations. Furthermore they have the highest flexibility regarding trade routes and are also capable of transporting virtually any type of cargo.