Logistics

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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Keynote speech at HAULMACE 2021

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By Mr Elvis Chukwudi Okonji, Chief Executive Officer, GPC Energy and Logistics Limited The Chief Executive Officer, GPC Energy and Logistics Limited, Mr Elvis Chukwudi Okonji, at the 2021 edition of the Haulage & Logistics Magazine Annual Conference & Exhibition (HAULMACE) called for strong bond among players in the haulage sectors. READ THE FULL SPEECH BELOW Keynote Speech By Mr. Elvis Chukwudi Okonji, Chief Executive Officer, GPC Energy and Logistics Limited at HAULAGE AND LOGISTICS MAGAZINE …

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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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