Business logistics costs in 2010 reached $1.2 trillion, an increase of $114 billion from 2009, according to a report produced for the Council of Supply Chain Management Professionals. With that much at stake, it behooves companies to partner with best-of-breed providers.
Working with OL&T means leveraging a premier network of safe, experienced and reliable carriers that adhere to rigorous standards. Across each mode, we oversee all aspects of transportation and tightly manage carrier relationships on behalf of our clients. From freight procurement to regulatory and insurance compliance and from carrier performance and complaints to claims resolution, our seasoned team of experts provides our clients with the highest level of customer service.
OL&T's deep experience with every phase of the transport process has been developed over decades, enabling us to fill in any logistical gaps our clients may be experiencing. Our team of experts remains active in the marketplace, staying abreast of industry trends and knowledgeable of regulatory developments. Our robust systems enable us to continually assess the strengths of various carriers and monitor prevailing market rates.
No matter what their transportation needs, OL&T's clients trust that they can rely on us to provide the best possible solution and know that our culture of continuous process improvement will deliver the added value they deserve.
Trucking costs in 2010, which accounted for 78 percent of the transportation cost pie, amounted to $592 billion according to a recent State of Logistics report. While that number represented an increase over the prior year, it rose less than other modes. With the lion’s share of transportation dollars allocated to trucking, companies need to remain vigilant in their quest to control shipping expenses.
From rail procurement, to car maintenance and monitoring, and reporting, OL&T provides a single point of contact for rail logistics for both hazardous and non-hazardous materials. Improving the management of rail logistics is our primary goal.
At OL&T, we believe—and our decades of experience tell us—that smart and efficient logistics solutions many times are built on intermodal services. OL&T offers our clients the technology, processes and data that provide them with the basis for informed decision-making. Whether they are shipping in a single or across multiple modes, our clients benefit from our ability to extend their reach, offer them pricing leverage, and provide them with the flexibility they may need to get their goods to their customers on time and damage-free. Intermodal is also a green alternative, cutting carbon footprints by as much as 50%.
OL&T's growing client list provides new opportunities for members of the OL&T Carrier Network. In addition to access to leading process, chemical and manufacturing industry clients, OL&T provides timely payment of invoices and posts invoice status and expected payment information online.
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