A light-second is the distance light travels in one second, or 7.5 times the distance around Earthâs equator. A light-year is the distance light travels in one year. How far is that? Multiply the number of seconds in one year by the number of miles or kilometers that light travels in one second, and there you have it: one light-year. Itâs about 5.88 trillion miles (9.5 trillion km).
They both have the same licensing requirements required by the State(s) in which they transact business, but the big difference is who they work for. An insurance agent is an insurance companyâs representative and the agentâs primary alliance is with the insurance carrier (company), not the insurance buyer.
Yesterday I wrote plainly about the difference between asset based and non-asset based 3PL companies. Simply put, the difference between the two is that asset based 3PL own parts of the supply chain such as trucks, warehouses, and more. A non asset 3PL does not own any of these, and is typically agnostic in the way of warehousing and transportation providers. Today I will discuss the advantages and disadvantages of each. Typically, the advantage of one is a disadvantage of the other's.