Now a day’s providing logistic services are not easy as there are new technology developing day by day. Adopting new technology is not easy. Not keeping trucks full is the only challenge that is faced by the industry but to watch the whole business process is the challenge.
‘Cutting the transportation cost’ should be on the prior on the list according to the third party logistic study by Cap Gemini. The top 8 challenges are given below:-
FUEL COST: – fuel prices is one of the highest cost contributing to the “cutting transportation cost.” For US shippers’ high fuel charges are likely to increase transportation costs. As the fuel prices rise, there is rising in surcharges adding in freight rate, which is leading to the reverse two-year trend that cut into the revenue and earnings of truckers as fuel prices plummeted.
IMPROVEMENT IN BUSINESS PROCESS:- with the change in time the technology is developing, so it is becoming challenging for the logistic industry to adopt new technology.
CUSTOMER SERVICE IMPROVEMENT:- development with the technology leads to high expectations of the customers on-time delivery. These days customers want full clarity with their delivery of the product, so these days the location of the packaging is interconnecting with the social network. with this comfort, customers expect the fastest delivery, and just about 64% of customers are now not willing to pay extra for the two-day shipping.
ECONOMY:- credit crisis and rising inflation demands come along with the increase in fuel prices it takes a greater toll on the US economy. This industry is now lean on by declining demands, compliance regulations, additional capacity with an additional increase in key cost.
RETENTION AND DRIVER STORAGE:- due to lower demand retention and hiring remain an issue.
GOVERNMENT REGULATIONS:- Carriers face significant compliance regulations assessed by civil, state, and original authorities.
TECHNOLOGY STRATEGY AND PREPARATION:- While the assiduity understands and supports numerous of the benefits of these technologies, some questions remain as to how they will pay for it and who’ll help apply the advancements
ENVIRONMENTAL ISSUES:- The anti-idling and other emigration reduction regulations brought about by state and original governments has created concern that the compliance costs could exceed benefits
DIGITAL RESULTS
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FREIGHT BILLING
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Remote Freight Bill Entry Solution offers the following benefits.
FREIGHT RATE AUDITING
Delicacy on rates is pivotal to maintaining strong client connections.
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COVERING PROCESS
Give the visibility that your guests bear, while also freeing up internal coffers. Our uniquely drafted Proof of Delivery ( Cover) Retrieval result allows you to check the delivery status of your jobs direct from any web cybersurfer.
By using the sapience gained after twelve successful times of custom- structure business process results for top North American carriers and transportation and logistics companies around the globe; we can offer you access to the following
• Streamlined executive operations