Top 8 Logistics Challenges Facing the Industry - Inbound Logistics

Top 8 Logistics Challenges Facing the Industry. January 31, 2018 | By Chad Crotty. These days you have more challenges than just trying to keep trucks full; you have your hands full of business process needs that can often feel like too much to handle. According to a third-party logistics study by Capgemini, "cutting transportation costs" makes the top of the list as far as concerns for the logistics industry. Some other obvious pain points make the list as well, but perhaps the most important—and at times, challenging—concern is the need for greater innovations and technology advances while remaining budget conscious. Here is a snapshot into eight of the top challenges facing the industry. Fuel Costs. One of the highest costs contributing to the "cutting transportation costs" concern is fuel prices. Higher fuel prices are likely to increase transportation costs for U.S. shippers this year by pushing up fuel surcharges. Rising U.S. diesel fuel prices are escalating surcharges added to freight rates, which is reversing a two-year trend that cut into the revenue and earnings of truckers as fuel prices plummeted. We understand how difficult it can be to manage these concerns. Outsourcing all or a portion of your freight and business processes can often provide the required expertise, people, capacity, and IT systems needed to help reduce expenses, improve visibility into the supply chain, effectively manage the supply chain, and achieve greater regulatory compliance. DDC FPO offers the right solutions to help lighten your load. From Billing and Rate Auditing to IT Outsourcing and POD Processing, DDC FPO is here for you.