trans-o-flex raises freight rates this year

According to reports, German express company trans-o-flex announced to increase freight charges by 4.9% from January 2020 due to nationwide driver shortage, increased digital investment and rising operating costs.

Wolfgang P. albeck, chief executive of trans-o-flex, said the increase was mainly due to high labor costs, as well as other cost factors including energy and insurance and digital investment in logistics. Information technology investment has a great impact on the company, enabling the company to make full use of the possibilities brought by digitalization, from quality assurance and temperature recording to modern and mobile tracking solutions, to provide customers with higher service quality and transparency as well as new services.

In terms of human resources, due to the serious shortage of drivers in the whole transport industry in Germany, the cost of drivers has been raised invisibly. According to data released by the transport industry professional association, Germany will reduce about 150000 drivers by 2020, and this situation will worsen in the next few years.

Wolfgang P. albeck said: "the company is trying its best to retain excellent drivers and absorb new drivers. It is for this reason that the company established its own company in 2019 to provide training and further education for its employees, focusing on the qualification training of drivers. However, there will be additional costs to address the driver shortage. In addition, the scarcity of high-quality IT experts will also lead to increased human costs. "

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