Frequently Asked Questions
This page has been established to provide answers to some of the most frequently asked questions regarding infrastructure investment, logistics and other aspects of the work of both Europlataforma de Carga S.A. and Core Capital Advisers Inc., the two companies that are directed by Lenn Mayhew Lewis.
What Is Infrastructure?
The term ‘infrastructure’ refers to the fundamental physical systems underpinning a country or a business. These include energy, transportation, water, communication and sewage. These systems are vital, but are also usually high-cost investments. Funding for infrastructure projects can come from public resources, private funds, or partnerships between public and private investors. Various IT systems can also be classed as infrastructure.
What’s the Right Mode of Transport for My Goods?
Transportation and distribution of goods is a large part of many businesses, including transporting goods from suppliers to the business, and from the business to customers. There is no one-size-fits-all solution, as different modes of transport will be better suited to different products, budgets and lead times. Air freight offers fast delivery for products in high demand with short lead times. Sea freight is better for bulky or heavy items, but the lead times are much longer. Rail and road transport are both used for shorter distances and offer cost-effective, rapid delivery, but are not so suitable for longer distance transportation.
What’s the Difference Between Long-Term and Short-Term Investments?
Short-term investments are defined as those that the investor expects to hold for a year or less. Long-term investments are usually expected to be held for several years at least. Short-term investments are suitable for those who are looking to raise a certain amount of money to be accessed at a certain time, such as to fund a holiday or purchase a new vehicle. Long-term investments have the chance of generating higher returns and are usually purchased by those thinking about long-term goals, such as planning for a child’s education or for retirement.
What Does Multimodal Transport Mean?
‘Multimodal transport’ refers to the carrying of freight by two or more methods of transport under a single contract. The carrier is legally liable for the entire transportation process, even though more than one mode of transport is being used. Cargo may be carried by a combination of air, road and sea transport, for example. The carrier often does not possess all the modes of transport, but instead employs sub-carriers.
Is Cargo Insurance Necessary?
Cargo insurance is vital to protect the actual value of the goods while under transportation. This is because there are various laws that place limits on the liability of carriers. These might be financial limits as to how much the carrier is liable for per pound or per unit, or limits as to what makes the carrier liable at all. For example, under the Hague/COGSA Act, shipowners have liability that is limited to $500 per unit, and they are relieved from any liability if one of 17 events occurs including war, riots and acts of God.