UNDERSTANDING TRUCK AND TRAILER TYRES (PART ONE)

11R22.5G……..11R24.5…….12.00R20….385/65R22.5..?? How often do you receive tyre requisitions stating the aforementioned metrics? Has the specification letterings ever appeared to you like some ‘secret technical code’? Vehicle tyres are much more complex now than in years past. In response to the widely diverse requirements of vehicles today, tyres need to conform to certain specifications. These specifications include size, load and speed, […]

Continue reading »

BACKLOADING: GOOD OR BAD? (PART THREE)

HOW TO OBTAIN BACKLOADS Within the context of Nigeria, several yet untapped opportunities abound for any company interested in finding backloads for empty or partially laden return journeys. Operators can maximise the utilisation of returning vehicles by developing or becoming part of a business partnership that shares knowledge of load and vehicle locations, thus enabling them to be matched. General […]

Continue reading »

BACKLOADING: GOOD OR BAD? (PART TWO)

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 […]

Continue reading »

BACKLOADING: GOOD OR BAD? (PART ONE)

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 […]

Continue reading »

AMAZON PRIME AIR: UNMANNED DRONES TO SHIP PACKAGES IN 30 MINUTES OR LESS

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 […]

Continue reading »

EPISODE FIVE- TRUCKER’S WILD EXPERIENCE: ANGER MANAGEMENT- TRUCKER & HIS MOTOR BOY

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 […]

Continue reading »

THE AUTOMOTIVE INDUSTRY POLICY AND THE NEW IMPORT TARIFF: A CRITICAL ASSESSMENT (PART FOUR)

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 […]

Continue reading »

THE AUTOMOTIVE INDUSTRY POLICY AND THE NEW IMPORT TARIFF: A CRITICAL ASSESSMENT (PART THREE)

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 […]

Continue reading »

THE AUTOMOTIVE INDUSTRY POLICY AND THE NEW IMPORT TARIFF: A CRITICAL ASSESSMENT (PART TWO)

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 […]

Continue reading »

THE AUTOMOTIVE INDUSTRY POLICY AND THE NEW IMPORT TARIFF: A CRITICAL ASSESSMENT (PART ONE)

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 […]

Continue reading »
1 53 54 55 56 57 60