Final answer:
The four key stages of modal selection include cost analysis, capacity assessment, speed evaluation, and regulatory compliance.
Step-by-step explanation:
The four key stages of modal selection include cost analysis, capacity assessment, speed evaluation, and regulatory compliance.
Cost analysis involves evaluating the financial implications of choosing a particular transportation mode, considering factors such as transportation costs, fuel costs, and maintenance costs.
Capacity assessment focuses on determining whether a particular mode of transportation can meet the demands of the shipment, including considerations of weight, size, and volume.
Speed evaluation involves analyzing the speed at which goods can be transported using each mode, taking into account factors such as distance, turnaround time, and transit time.
Regulatory compliance refers to ensuring that the chosen mode of transportation meets all legal and regulatory requirements, such as permits and licenses.