A "perfect storm" of higher fuel costs, uncertainty in the US economy and increased inventory carrying costs have resulted in sharp increases in logistics fees for US businesses.
According to Purolator USA president, John Costanzo, the company is sensitive to the negative impact of increased transportation costs for its customers. "Most of our customers understand the nature of the beast - that the cost of fuel is beyond our control - but still appreciate our efforts to help them plan better and gain maximum efficiencies," he said.
Purolator USA offers individual attention and personalised planning, with its Trade Solutions team working with each customer to map out a cost-effective logistics plan that best meets the needs of each particular account, identifying efficiencies and evaluating how shipments can be consolidated to reduce "empty miles", and avoiding overnight airfreight for non-urgent shipments.
This increased attention to customers' bottom line comes at a time when transportation logistics are at an all-time high. According to a recent study by the Council of Supply Chain Management Professionals, inventory carrying costs rose 9% last year, and transportation costs were up almost 6%. Overall, the study found that American businesses spent $1.4 trillion on logistics last year.
"While there is no magic solution, we can make sure customers are operating as wisely and as efficiently as possible," said Costanzo.
