....Normal shipping patterns are upended as goods flow into Houston for restocking and rebuilding while little flows out; some truckers hesitate to accept loads. .....Trucks are also struggling to find loads in the city for the return trip because so many businesses that export to other parts of the country remain
Supply-chain
Petrol price reduced to N142 per litre
The Nigerian National Petroleum Corporation (NNPC) says the prices of petrol, and cooking gas have crashed across the country. The NNPC said sustained strategic intervention in the efficient supply and distribution of petroleum products led to the significant fall in the prices of petrol and gas. Abuja - A statement issued on
Red Star Express Records N7.3b Turnover, Declares Dividend
One of Nigeria’s leading logistics company, Red Star Express Plc, has posted a turnover of N7.3billion in the year under review which is ten percent (10%) higher than the preceding year. The profit before tax increased from N572million to N653million, while profit after tax also increased from N334.4million to N426.8million. The
Uber officially welcomes Expedia’s Dara Khosrowshahi as CEO
SAN FRANCISCO (Reuters) - Uber Technologies Inc officially welcomed its new Chief Executive Dara Khosrowshahi, who has led online travel business Expedia Inc for 12 years, in a note sent to employees of the world's biggest ride-services company late on Tuesday. The board had already selected Khosrowshahi as Uber's next CEO
Uber Announces Plan To Quit Tracking Riders After Drop-Off
U.S. Port Volumes Rise as Retailers Add Inventory Ahead of Holiday Season
Ports around the country took in near-record imports in July, pointing to rise in consumer confidence. U.S. retailers and manufacturers are stocking-up their inventories with newfound confidence heading into this year’s peak shipping season when imports typically tick up ahead of the end-of-year holidays. American ports took in the equivalent of 1.72
Ask Larry
Ask Larry email: [email protected], [email protected] _____________________________________________________________ Hi everyone, it’s another Tuesday and we have three issues to deal with. We welcome reactions to the questions and answers from readers. Hi Larry, What are the areas should we focus more in order to improve warehouse transportation? [Joy, Ikeja Lagos] Larry: A warehouse is distribution center or storage
Dead Malls Now Best Place for a New Warehouse
.......With wide-open spaces and central locations, dead malls are coming back to life as logistics centres for online shopping facilities The pressure for speedy online package delivery is prompting companies to look for distribution facilities closer to residential areas or highways. Some of the best locations, it turns out, are dead malls.Warehouse
Logistics Solutions Are Becoming High Powered Commerce Platforms
Logistics solutions have long had logic for both improving a shipper’s transportation capabilities and for doing commerce. For example, a transportation management system (TMS) optimises routing but also allows shippers to tender out to carriers in their route guide and then ensure the amount paid to the carriers is accurate. In
Managing a Successful 3PL Relationship
The term 3PL stands for Third-Party Logistics, a service that allows you to outsource operational logistics from warehousing, all the way through to delivery, and ultimately enables you to focus on your core business. Companies that decided to outsource their logistical needs to a third party provider or 3PL should understand