Profit margins of 1% or operating at break-even are no exception in today's transport sector. Lowering these margins to offer lower rates is no longer an option. Change is needed and transport businesses are forced to explore new approaches for long term profitability. These improvements can range from low-hanging-fruit to reorganizations of entire businesses. When it comes to the latter, the need for change is evident but coming up with the right plan of attack is tricky. How to minimize the risks? How to get everyone aligned? How to quickly reap the benefits?
For many reasons, sometimes less obvious ones, we fancy the step-by-step approach, starting small. Let's highlight some of them.Read More