Definition
Bulk transport is the movement of large quantities of homogeneous goods, such as grains, ores, liquids, or gases, without packaging, containers, or palletization. It involves specialized equipment and vehicles designed to handle bulk commodities efficiently, minimizing handling costs and maximizing transportation capacity. Bulk transport is commonly used in industries such as agriculture, mining, energy, and chemicals.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.