The availability of low cost country sourcing has exceeded the processes and systems needed to efficiently manage the global supply chain.
Global intermodal traffic now exceeds 560 million TEUs and the increase in demand for available container space has created a scramble for empty containers.
As companies search for the means to meet the demand, transportation costs in the supply chain have increased dramatically. Fuel prices have increased by 24%, while surcharges rose by 50% over last year. The CGF Index for land transport costs are relentlessly trending upward.
At Logico, a fundamental solution to controlling transportation costs is optimal use of the available space in the container.