Business Solutions

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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6 Logistics and Supply Chain Trends To look out for in 2021

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In the last few months, the global pandemic has affected almost all aspects of the world economy. One industry that has seen particularly noticeable changes over the past few months is e-commerce. As self-isolated consumers turned to online shopping, it has created immense pressure on the supply chain logistics industry to keep up with the increasing demand.  As a result, logistics companies are stepping up with innovative strategies to respond to these rapidly shifting logistics …

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10 Reason Why Outsourcing Logistics would benefit your business in 2021

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As a business owner, you may be well aware of the economic value of outsourcing your company’s supply chain management to a third-party logistics provider. However, if you have yet to consider a 3PL (3rd Party Logistics)provider for one reason or another, now may be the time to reevaluate. Value-added 3PL services offer an array of advantages that many companies are becoming privy to resulting in strong and continued growth in the third-party logistics sector. …

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Important questions a logistics specialist needs to ask

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In this article would outline some important questions a logistics specialist needs to ask when hiring a company for the purpose of maintaining or shipping a shipment. It is very common to find a logistics company offering to handle most, if not all, of the work for you, including the shipment tracking, transport insurance, and associated documentation. The following questions will enable you to assess whether this is the most suitable company for your needs. …

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