Cost Factors of Road Freight Transportation for Sustainability in Unorganized Sector of Third Party Logistics Service Providers in Urban India

Authors

  • Nishant Jain, Anshul Gangele, Neeraj Kumar

Abstract

The Transportation Industry which is the main part of Third Party Logistics (3PL) service provider has been going through hard time in India as majority of the players are in unorganized sector not very educated with little or no knowledge of new technology and trends, having one or two trucks in there fleet due to which they can’t calculate the optimum cost of freight they should charge so as to have a sustainable business. This paper highlights the structure of the trucking industry comprising its core actors, the providers of the tangible elements and support services, present detailed comparative cost factors of Road Freight Transportation for sustainability of small Truck operators in the long run. It attempts to determine and categorize cost factors from a different point of views which include On Road Cost, Maintenance Cost and Asset Cost

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Published

2020-05-09

Issue

Section

Articles