Business Solutions

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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3 challenges in transportation & logistics

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Logistics is the management of the flow of assets or goods from the point of origin to the endpoint of consumption. The future of logistics and transportation lies in technology and innovation.  This has been the issue of most concern. The pressure to remain competitive, deliver customer service, and find innovative ways to optimize their operations. Growth creates challenges and trucking companies who want to be successful must change to meet them. The companies which …

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GPC and the future of energy and logistics in Nigeria.

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An Interview with the MD/CEO Elvis C. Okonji What have been the effects of COVID-19 on the energy and logistics industry? On the heavy-duty truck haulage industry, COVID-19 had a direct impact on revenue projections and consequently liquidity, and profitability projections industry wide. For example, we achieved about 73% our turnover projection for FYE 2020 as a fallout of COVID-19 and other economic inefficiencies such as port congestion. However, crisis in the industry was averted …

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