Co-loading: To save fuel, retailers urged to share delivery systems

MANILA, Philippines — One of the Philippines’ largest logistics providers is urging retailers to adopt shared delivery systems to cut transport costs, as fuel price spikes driven by the Iran war threaten to raise consumer prices. In a statement on Wednesday, FAST Logistics Group said the widespread use of dedicated trucks for each delivery is inefficient and increasingly unsustainable. This setup, it added, contributes to congestion at retail receiving bays. READ: Crude prices surge, Asian stocks sink as Iran warns of regional energy strikes Citing internal data, FAST said 56 percent of trucks delivering fast-moving consumer goods (FMCG) operate at only […]... Keep on reading: Co-loading: To save fuel, retailers urged to share delivery systems