An essential part of the logistics chain is storage and transshipment.

As the name suggests, storage refers to storing goods, which is typically done in a warehouse.

Transshipment involves transferring goods from one mode of transportation to another. This could include loading a container from a ship onto a truck, or moving packages from a truck at a depot onto smaller vans that will deliver them to homes.

Transshipment generally occurs at terminals, depots, ports, airports, or train stations.

Sometimes, goods are consolidated onto pallets or containers. Other times, they are distributed from a container or pallet.

Are you considering renting your own warehouse or outsourcing your storage needs?

There are advantages and disadvantages to both options. One major benefit of outsourcing is that it's handled by a specialized party with experience in logistics. It's also a scalable way to do business, as additional storage space can easily be rented as the company grows.

On the other hand, many entrepreneurs also see the advantages of having their own warehouse. They have direct access to their inventory, which allows them to have better control over certain aspects of their operations, such as sending out custom orders or allowing customers to pick up their orders