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THE CONTRIBUTION OF SHIPPING COMPANIES IN GLOBALIZATION | Strati Fund
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THE CONTRIBUTION OF SHIPPING COMPANIES IN GLOBALIZATION

It’s no big deal for any of you to get an I-phone today even if it’s an American technology or to get any foreign product which is not available in your native place. Simultaneously to send parcels to America [ส่งพัสดุไปอเมริกา, term in Thai] can also be easily achieved. All of these flexible operations has become possible due to globalization. Multinational companies have come into existence with a boom in export and import businesses.

Shipping has always played a crucial role in supporting globalization activities around the world. Oceans and seas have been existential even when counties were being discovered. With the technology advancements, these water bodies have now flourished as the routes facilitating trade, connecting one country from the other.

THE NEED FOR SHIPPING:

  • Land transport is not possible when non-connecting boundaries are concerned.
  • Airways are not safe enough for heavy products.
  • Shipping is very much accepted when bulk transport is taking place.
  • It became an employment source.
  • E-commerce has a lot of influence on the lives of people now. Therefore, shipment is a cheap and fastest means of transferring products directly from the manufacturer.
  • The price of any product rises in the market adding the tax and charges. Hence, individuals today, order the material directly from its source and prevent the extra unnecessary expenses added in the marketplace.
  • Countries are shaking hands influencing in the import and export businesses relying on shipping.
  • The shipment companies nowadays, bear all the risks and manage the inventory related to the product that is very much advantageous for the client.
  • Not much of the paperwork is required other than the id proofs of both the recipient and the sender party with the invoice.

Shipping is not only available for a trade of heavy and business product but also provides the facility of postage to overseas. Now the price sending parcels overseas with Thai post [ส่งพัสดุไปต่างประเทศไปรษณีย์ไทยราคา, which is the term in Thai] is now affordable. 

Shipping has connected countries overseas in accord with business in a very efficient manner. Amazon, eBay, Flipkart, etc. are stably running relying on the shipping companies for the distribution of products to their customers all over the world. It has now become a trademark for all the multinational online stores. This era has seen the emergence of shipment companies promoting globalization at its best.

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