Business Solutions

THE NIGERIA FREIGHT & LOGISTICS MARKET

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The Freight and Logistics market in Nigeria is segmented by Function (Freight Transport, Freight Forwarding, Warehousing, Courier, Express, and Parcel, Value-added Services, Cold Chain Logistics, Last Mile Logistics, Return Logistics, and Other Emerging Areas) and by End-User (Construction, Oil & Gas and Quarrying, Agriculture, Fishing, and Forestry, Manufacturing & Automotive, Distributive Trade, Others (Pharmaceutical and Healthcare). Logistics is vital for the economic performance of any economy. Nigeria has poor infrastructure and logistical issues along with …

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InfraCredit, GPC energy sign N20bn bond guarantee to up service delivery in Nigeria’s logistics sector

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Infrastructure Credit Guarantee Company Limited (InfraCredit) has signed a bond guarantee with a transport services provider, GPC Energy, and Logistics Limited to provide additional services in Nigeria’s logistics sector by providing 220 trucks that will create 360 direct and indirect jobs for most Nigerians. The N20 billion co-guarantees for a 10-year bond represent a partnership with InfraCredit, a Nigeria-based private infrastructure guarantee company and a GPC Energy seeks to provide additional essential transport and logistics …

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FAQs ABOUT TRANSPORT AND LOGISTICS

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In a saturated online marketplace, gaining a competitive edge is essential. To maximize the potential for repeat customers and maintain a healthy bottom line, sellers need to create a positive customer experience with a seamless ordering process from start to finish. The truth is manufacturing companies must realize the value and importance of transport logistics. Let’s examine FAQs (Frequently asked questions) about transport logistics and their corresponding answers to better understand how companies can leverage …

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5 PRACTICAL WAYS TO REDUCE TRANSPORTATION LOGISTICS COSTS

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Running a business that involves supplying goods to customers in different parts of the country or overseas can build up high transportation costs, which eventually eat into your profits. Poor management of these costs causes many businesses to run at a loss for too long since they find it difficult to manage the high expenses they incur in logistics. As a business owner in a sector that involves the haulage of goods to customers, you …

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The Evolution of Global Logistics

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Logistics is the word used now and then; in this post let us discuss how the word and the whole process of logistics have evolved. The word logistics is the combination of two Latin words ‘logic’ and ‘static’. During the earlier periods, logistics was a military application. However, it became more popular at the time of World War II, and after that logistics was viewed and applied as a scientific subject. Once the enterprise businesses …

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