1 the hub and spoke concept continues its development in, Microeconomics

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1 the hub and spoke concept continues its development in

1) The Hub and Spoke Concept continues its development in the various modes of transportation (Maritime, Air, Truck, and Rail). Describe some of the key advantages this concept brings to the various modes of transportation.

2) Briefly describe the role of the Third Party Logistics Provider (3PL). What advantages do 3PLs bring ? Are there any disadvantages to a company in outsourcing its logistics functions to a 3PL?

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