An ongoing question asked by corporate management is whether it makes better business sense to provide company vehicles for employees or reimburse them for the use of their personal vehicles. Invariably, this question gains increased scrutiny when there is senior management pressure to reduce costs. Since fleet is typically one of the top five spend categories, it is a ready […]
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IN UNITED STATES, FLEET MANAGERS SALARIES CONTINUE TO RISE
When looking at fleet managers salaries in 2014, pay levels increased compared to 2013, with 77 percent of the respondents to Automotive Fleet’s bi-annual Fleet Manager Salary Survey reporting a pay increase in the 2014 calendar-year. Overall, 32 percent of fleet managers reported a salary of $100,000 or more per year. Also, of the 77 percent reporting a pay increase […]
Continue reading »“TRANSPORT BUSINESS IN NIGERIA REQUIRES 100% ATTENTION” — CHISCO BOSS
What can you do with 120 Naira in Nigeria today? Indeed, coming after the addition in the cost of fuel (remember subsidy palaver?) that has escalated the cost of living; that amount pales into insignificance. Thirty years ago, however, it was the all the amount gathered to commence the journey into one of the most endearing transport legacies in Africa. […]
Continue reading »BANKS RARELY FUND HAULAGE COMPANIES IN NIGERIA
Excerpts from the recent interview Punch had with the Chief Executive Officer of Transnational Haulage Limited, Mr. Akinola Ososanya. Being a major stakeholder, would you say the haulage sector has grown positively over the years? Well, it has improved in certain aspects like the use of technology to track the movement of trucks and the availability of mobile phones by […]
Continue reading »HAULAGE BUSINESS IN NIGERIA: A POORLY REGULATED INDUSTRY
Chief Cyprian Arinze is Chairman/Chief Executive, Eagle Haulage Nigeria Limited, a major hauler. He speaks on the pros and cons of the haulage business in a recent interview: Is haulage business regulated? Haulage business is supposed to be a regulated business in the sense that there are bodies responsible for this regulation. We have the Nigerian Shippers’ Council; we have […]
Continue reading »HMO & TRAINING: YEAR-END CONCERNS FOR HAULAGE BUSINESS
You may at this time of the year also want to appraise the functionality of the HMO arrangement and the life and disability assurance policy in place. Were these arrangements really beneficial to the people for whom the idea was conceived? How many were able to successfully access the benefits of the HMO? Do they get quality treatment as and […]
Continue reading »COUNTERPARTY CONTRACT & TREASURY MANAGEMENT: YEAR-END CONCERNS FOR HAULAGE BUSINESS
Most corporate haulage firms render non-exclusive services to 2 or more FMCGs or other categories of major haulage services users. These relationship or partnership are premised on some terms and conditions legally crafted in the form of contractual agreements. Since those contracts are renewable every 2 or 3 years and in some cases 5years, it makes a lot of sense […]
Continue reading »ROUTING & DOCUMENTATION: YEAR-END CONCERNS FOR HAULAGE BUSINESS
So most of your trucks did long haul in the outgoing year? Good. But what was the turnaround time like? What feedback did you get matching repairs history for each truck against the choice of routes? Any repeated cases of misdemeanour or wrongful behaviour associated with any particular route? What is the popularity of the route among peers in the […]
Continue reading »INSURANCE AND TRACKING: YEAR-END CONCERNS FOR HAULAGE BUSINESS
Your GIT (Goods-in-transit) and Comprehensive Insurance are probably expiring at about now. How responsive was your Underwriter or Insurance Company during the year? What about claims payment- how much of what you deserve to get was knocked off on the basis of some independent assessor’s re-computation and extant clauses? What was the response time to claims payment? How many accidents […]
Continue reading »FUEL MATTERS: YEAR-END CONCERNS FOR HAULAGE BUSINESS
How many rotors and nozzles did you lose and had to replace during the year? How many times did you have your fuel injector pump serviced or outrightly replaced? Did you lose any turbo charger or a number of them during the year? Affirmative answer to any of the above is a sure signal to take a second look at […]
Continue reading »TRUCKS’ HEALTH: YEAR-END CONCERNS FOR HAULAGE BUSINESS
At about this time of the year, every proactive trucker will naturally bother about the performance and fit level of one of the most valuable haulage assets – trucks. Although the outward physical appearance may seem okay, but a more careful examination may reveal otherwise. Loading operations are generally light during the yuletide and therefore present an opportunity to ground trucks for repairs […]
Continue reading »TRUCK DRIVERS: YEAR-END CONCERNS FOR HAULAGE BUSINESS
Capacity building or training for Truck Drivers has never been one of the strong points of haulage companies in Nigeria. Many believe that training truck drivers is none other than a clear waste of scarce resources. Some even believe that Truck Drivers are ‘untrainable’! (We will be coming up with an extensive study of this unhealthy paradigm in some weeks’ […]
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