An accident occurred in the early hours of today, 12th of September 2014 at Toyota B/Stop (inbound Murtala Mohammed International Airport Road). The story from the scene of the accident has it that an Intermodal Container-bearing truck had an engine stall on its way up the steep Toyota overhead bridge and while it was uncontrollably rolling backward, it knocked off […]
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WEIGHBRIDGES: FUNCTIONALITY AND ACCURACY (PART TWO)
OTHER FACTORS THAT CAN AFFECT ACCURACY OF WEIGHBRIDGE A credible weight system is essential for any industry using the measurement of weight as a benchmark for sale of a product. Understanding the factors affecting the accuracy of weighbridge systems is therefore considered vital if measurement errors are to be minimized. Whether weight, or volume calculated from a weight measure, is […]
Continue reading »WEIGHBRIDGES: FUNCTIONALITY AND ACCURACY (PART ONE)
PROLOGUE: REAL-LIFE EXPERIENCE ASSOCIATED WITH WEIGHING SYSTEMS Recently, a concrete making firm decided to overhaul the personnel manning its weighbridge system which had been installed for the purpose of receiving cement delivery, a critical raw material in its production process. The cement delivery to the firm usually comes in 30ton (approximate) bulk cement tankers. The findings they made in the […]
Continue reading »RETIRING AT 27: AMBITIOUS, LAZY OR CRAZY?
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 […]
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 »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 »FOUR DAYS, FOUR PETROL TANKER DISASTERS: BERGER SUYA INCIDENT IN RETROSPECT
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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WHO DELIVERED ASO ROCK XMAS TREE? MACK DELIVERS CAPITOL XMAS TREE
Some Marketing or Business Development gurus really do know what’s up! Sounds pedestrian, but we in Haulage Report Now can tell you for free that Mack really do have this well locked down and it’s not too surprising why they remain the preferred haulage asset in the States. Now, we ask, what are our in-country heavy duty truck dealers doing in […]
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