By Harold B. Friedman
No matter what industry you’re in, you know that cost pressures are never far behind. Your customers demand faster deliveries at lower prices, carriers raise their rates every year and the price of oil remains volatile.
Indeed, shippers from around the world report total logistics expenditures as a percentage of sales revenues have increased to 11 percent in 2017, up from 10 percent the previous year. And this trend looks set to continue in 2018 and beyond.