REASONS FOR BACKLOADING The unethical drivers’ practices facilitated by the empty or partially loaded space on vehicles as earlier enumerated is one clear reason why haulers should formally embrace backloading. The question is why would you create opportunity for leakages or breaches that can be commercial harnessed for the overall financial benefit of your organisation? Or simply put, why leave […]
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INTRODUCTION A haulage practitioner narrated his ordeal: A truck in his fleet had been dispatched for a delivery of 30ton cargo in Uyo in Akwa-Ibom State three (3) days earlier. That sunny afternoon, while going through the exception report from the Tracking Department, he discovered that the referenced truck had disappeared from the tracker the night before. Other reports confirmed […]
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Retiring young has always been my ambition too. Although some of us are well past what you may call young now…lol! If you nurse that ambition and you are still within age, we can tell you for free that it is quite achievable. Read the following article by Brenton Hayden (Courtesy of Yahoo! Finance) and be inspired! I don’t know […]
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Ever wondered what the next-level logistics will look like? A global brand is already blazing the trail. Enjoy this report by Chris Smith courtesy of Yahoo! News. Amazon on Sunday (Dec.01.2013) unveiled a bold new shipping initiative during CBS‘s popular TV show “60 Minutes:” Amazon Prime Air, which aims to ship packages to your door via air in 30 minutes […]
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The relationship between the truck driver and the motor boy (driver’s assistant) has always been a frosty one. It’s instructive to note that some haulage firms elected to keep it that way or deliberately ‘engineer’ it to probably maintain a check on what they call ‘the excesses of the truck driver’ (well, that is the logic some of them have […]
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A Boost to Employment: Flying a Ruse! It was also stated that the new tariff will create employment almost immediately. Two employment generating windows were identified as possible spinoff of the new tariff regime. First, it is claimed that many multinational car manufacturers will, on account of the new tariff regime, be induced or practically fall over themselves to set […]
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A REVIEW OF THE NEW AUTOMOTIVE IMPORT TARIFF When the Minister of Trade and Industry stated that the new tariff regime will among other things “make imported cars more expensive thus, promoting the purchase of locally manufactured vehicles”, a number of issues readily come to mind. Some of the incontrovertible facts that flood the mind are adequately captured in the […]
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THE ECONOMICS OF IMPORT TARIFF One of the most important issues in a country’s economy is trading; therefore, tariffs are most often discussed when talking about imported goods. A tariff is simply a tax or duty placed on an imported good by a domestic government. Tariffs are usually levied as a percentage of the declared value of the good, similar […]
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On Wednesday 2nd of October 2013, the Federal Executive Council (FEC) in Abuja approved the Automotive Industry Development Plan for the development of the nation’s automotive industry. The Plan is intended to facilitate the emergence of a transformed automotive industry with enough capacity to attract investment, become a major driver of economic growth and diversification, create job, engender local value […]
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DELIVERY, DEMURRAGE AND FORCE MAJEURE Deliveries and penalties: Haulage contracts should be explicit about the service given such as how the goods are received, delivered or passed on to another freight system. In some cases, this section of the agreement will also cover curtailment and assessments needed to ensure the quality of the delivery. Following from these, it will also […]
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It can be a very exciting time when a haulage firm has just ‘landed’ a heavy contract with a major company or blue-chip. Such times could result in all caution being thrown to the wind with the haulage business owner having his eyes mainly set on the expected returns. This may not be too healthy! Haulage contracts could be the […]
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Four days, four petrol tanker accidents in densely populated areas of Lagos and one major fatality! On the 8th of January, in Berger Suya, Apapa, Lagos at about 9.30-10pm, a petrol tanker fell, spilled its products and went up in flames leaving a trail of unimaginable loss of lives and properties. On the 9th of January, around 2am, another […]
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