Why companies must act now to reduce the cost of delivery

Seventy-one percent of logistics companies in the U.K. saw an increase in transportation costs in the first quarter of 2022 when compared to the same period in 2021. Forty percent of companies surveyed reported that the costs had risen by nearly 25 percent. Enterprises are battling rising shipping costs in a hyper competitive market with an eye on providing end users with top-class consumer experiences. It’s a balancing act that leaves companies walking on a tightrope, trying to juggle between cost and consumer expectations. So, what’s fueled this rise in delivery cost? There are two clear answers: Labor Shortages The… [Continue Reading]