Controlling Logistics Spend in a Volatile Global Market
With ocean and air freight rates experiencing rapid shifts, local exporters are struggling to maintain pricing structures. Mr. Nguyen Ly Truong An, Vice Director of SeaAir Global, offers practical, executable tactics to manage budgets.
1. Optimize Inland Logistics
While international ocean freight is hard to influence, inland shipping and trucking can be optimized:
- FCL consolidation - Maximize container load ratios to decrease the per-unit transport cost.
- Inland waterway barging - Utilizing river barges between Binh Duong/Dong Nai and deep-water ports like Cai Mep, which can reduce transport fees by up to 25% compared to road trucking.
2. Multi-Carrier Strategy
Relying on a single shipping liner leaves businesses vulnerable during space shortages. Exporters should partner with NVOCCs (Non-Vessel Operating Common Carriers) like SeaAir Global to leverage bulk space commitments across multiple shipping alliances.
