Achieving fleet management optimization and efficiency requires that you measure. Every Fleet Management has underlying goals and objectives. Knowing how well you are doing relative to the set objectives requires that you have some basis for comparing your actual output against the result you ‘desire’ to have. An old business adage says you manage what you measure or in another […]
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The Abuja to Kaduna rail line now generates one million Naira daily, Minister of Transportation Mr Rotimi Amaechi has disclosed.
Continue reading »Mr Fidet Ikhiria, the Acting Managing Director of the Nigerian Railway Corporation (NRC) has announced that the Abuja-Kaduna train service recorded a gross income of N5.1 million within the first two weeks of operation. This disclosure was known to the News Agency of Nigeria (NAN) while travelling on the train from Abuja to Kaduna on Saturday. The Managing Director of […]
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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 […]
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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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It’s about 2weeks to Christmas and 3weeks to the end of year 2013. For most businesses, guess it’s time to let down your hair, roll up your sleeves and get down to boogie hard in due celebration of another year of great feats. You have looked at your preliminary trial balance of accounts and the parameters are all looking up. […]
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Measuring Overall Performance A Director or Senior Manager within a company is likely to be most interested in overall performance and bottom-line financial results. For a haulage company incorporating warehouse operations, these could be measured by the following KPIs: Overall cost of deliveries, such as cost per case/pallet Total transport cost per trip Total transport cost per drop Total transport […]
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Logistics management is that link in the supply chain that plans, implements and controls the efficient and effective forward and reverse flow and storage of goods between point of origin and point of consumption. Every properly established integrated haulage services company is in the business of logistics management and the role they play is an integrating function involving the coordination […]
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It’s a pretty wet day in the middle of nowhere and you are all by yourself struggling and battling to keep an 18-gear gigantic behemoth straddled to a rig bearing a 40ton cargo on a long patch of road that looks like a cut-through mud and gravel; wheels sounding like they were getting tired of staying on the road and […]
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METHODS OF ESTIMATING A MOST OPTIMAL REPLACEMENT CYCLE SIMPLISTIC REPLACEMENT PLAN The simplest replacement program and the one requiring the least amount of analysis is to replace a vehicle after a specific amount of time. It is not rocket science to count up how long the truck has been in service and determine ahead of time what time you simply […]
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Generally speaking, Performance in any business is measured in terms of the relationship that exists between the resources deployed towards the sustenance of that business or enterprise and the end-result as measured by the output or value of product/service thereby generated. Haulage business in Nigeria in the last 5years has witnessed tremendous growth in terms of the quantum of fresh […]
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