Logistics discusses how to respond to fuel price fluctuations

Logistics discusses how to respond to fuel price fluctuations

TTO - In the context of fluctuating fuel prices, escalating prices, logistics enterprises have sat together to discuss solutions and adaptations in this period.

This is the program "Morning coffee with HLA" organized by the Ho Chi Minh City Logistics Association. HCM organized and discussed how to respond to fuel price fluctuations that received a lot of attention from the business community - Photo: CONG TRUNG

 

At the sharing session "Morning coffee with HLA" by Ho Chi Minh City Logistics Association Hcm city held on 29-3, many businesses in the industry have expressed difficulties and proposed solutions to adapt to fuel price fluctuations.

Mr. Truong Nguyen Linh - deputy general director of Logistics Development Joint Venture Company No. 1 (joint venture unit investing in the operation of VICT port) - said that logistics costs to exploit seaports are very large.

At the end of 2021, the enterprise plans to operate in 2022 with an expected fuel price of about 16,000 VND/liter and the current reality has increased sharply, pushing the difference in fuel costs to half a billion VND per month. Fuel prices have increased, but it is extremely difficult to discuss price increases with customers.

Similarly, Mr. Duong Ngoc Trung - Deputy General Director of SDS - MP Logistics - shared that gasoline prices have increased by 30% compared to last year, the general level of freight rates increased by 5-10%.

Currently, businesses expect the Government's management of policies to stabilize gasoline prices in Vietnam by reducing taxes. There have been customers who have agreed on an increase in freight rates corresponding to an increase in gasoline prices. However, there are still some manufacturing enterprises that face difficulties, want to renegotiate to have a reasonable cost.

"Precarious fuel fluctuations, increasing service prices with customers is a long way, not everyone accepts it immediately. Large enterprises have the resilience, so we are very considering raising prices," said Pham Thi My Le, deputy marketing director of Saigon Newport Corporation.

According to businesses, not only fuel prices but all types of prices fluctuate, immediately impacting logistics businesses, capital costs increase. Therefore, at the sharing "Morning coffee with HLA" has suggested many solutions and opportunities for logistics businesses to "shake hands" to cooperate with each other, holding freight rates in accordance with the market.

Chairman of Ho Chi Minh City Logistics Association HCM & MP LOGISTICS CEO, Ms. Dang Minh Phuong said that 10 days will adjust gasoline prices, businesses need to work with customers to adjust prices when gasoline fluctuates.

It is necessary to call for the companionship of partners to share and transparently increase shipping prices. At the same time, enterprises actively seek stable petroleum supply, strengthen cooperation between businesses.

Ms. Phuong, who is known as the "queen of logistics in Vietnam", also suggested that MP Logistics one day outsource up to 500 transport cars. If the shipping business has a need that can be met, cooperate with MP Logistics.

Ms. Phuong added that the logistics business community is hoping for Ho Chi Minh City. HCM City will extend the time to collect seaport infrastructure fees in the near future to reduce a cost burden.

Rising fuel prices are challenging but also open up opportunities for businesses to access technology, opening up solutions to optimize the process of transporting goods, limiting empty vehicles. In addition, businesses petitioned authorities to focus on rapid infrastructure development, reducing operating time.

Mr. Nguyen Dang Hai - General Director of Khoi Long Trading and Service Joint Stock Company - shared that one solution of the unit to reduce fuel costs is to optimize transportation, less use of old vehicles that consume fuel.

For example, old tractors running about 100km cost 30-40 liters of oil, Mr. Hai's company uses new cars to reduce fuel costs. At the same time, warehouses use electric forklifts to optimize costs...

CongTrung - tuoitre.vn

Ý kiến bạn đọc
Chủ đề liên quan
Có thể bạn sẽ quan tâm

Vietnam Report publishes research on Vietnam's logistics market

The ranking of Top 10 prestigious logistics companies in 2022 is built on scientific and objective principles.

8 Golden rules when loading and transporting goods by container

PRINCIPLE 1: CLEAN THE CONTAINER, DEODORIZE BEFORE LOADING THE CONTAINER There are many items that are smelly, and a lot...

Hai Phong - regional logistics service center - Last post: Human resource development levers

Hai Phong has been offering breakthrough policies and solutions, capturing new ideas to further promote advantages, enhance the role of logistics services in the economic structure of the city, strengthen connectivity and create diffusion in the region. However, human resources for this industry are still modest, requiring a sustainable development strategy.

Ba Ria - Vung Tau: Industrial development associated with seaport advantages

Thanks to the advantage of Cai Mep - Thi Vai deep-water port cluster, over the years, the industry of Ba Ria - Vung Tau province has made great progress, becoming one of the 4 stable economic pillars of the province. With the promotion of the implementation of key transport routes linking the region, in the coming time, the province's industry is expected to give more sweet fruits.

FM Logistic to manage warehouse operations for gro24/7

Third-party logistics provider FM Logistic recently announced a partnership with gro24/7, one of the largest B2B e-commerce platforms in Việt Nam, to provide warehousing and urban logistics services.

Global 3PL logistics growth rate reaches 9%

The global third-party logistics (3PL) market size is expected to grow from $900 billion (2021) to $990 billion this year at a 9.4% CAGR, according to Business Research Company.

LC (letter of credit) method - payment by letter of credit

The content of the article was expertly advised by Mr. Hoang Thi Le Huyen - Master of Economics of Toulonvar...

Hanoi establishes Logistics Association

On 12/11, Hanoi Logistics Association held the first Congress for the term 2022-2025.

Bringing logistics to a position worthy of development potential

With a special geographical position located in the dynamic development region of the world, where the flow of goods is very strong, Vietnam is considered to have geoeconomic strengths that are very favorable to promote production, export and logistics services.

Opportunities for businesses to increase food exports to Africa

Through the implementation of trade promotion activities, most African countries highly appreciate and trust the quality of many food products of Vietnam.