Transportation Cost

Transportation cost refers to the expenses involved in moving goods or people from one location to another. This includes expenses such as fuel, vehicle maintenance, labor wages, insurance, and tolls. These costs can vary based on distance, transportation mode (truck, ship, plane), and the weight or volume of the items being transported. In business, understanding transportation costs is vital for pricing products, managing logistics, and maximizing efficiency. Properly managing these expenses helps companies deliver goods on time while maintaining profitability.