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Cost Hikes and Schedule Compliance Now Shippers’ Top Concerns

(Mike King – Lloyd’s Loading List)

Sudden cost hikes and poor schedule compliance by transport providers are now the key supply chain risks facing forwarders and shippers, according to a new survey by Transport Intelligence and supply chain software provider Kewill.

Launched at a media briefing today on the side-lines of Ti’s Emerging Markets Logistics Conference in Singapore, the survey found that supply chain risk has moved up the corporate agenda for 3PLs and shippers, with 73.9% of global OEM and logistics executive respondents revealing that a sudden increase in costs could significantly impact on revenue and profitability.  Read more here.