So far this year, the cost of logistics increased by 29%. A report by the Business Chamber of Logistics Operators and the UTN shows that the largest increases in this period are related to the dollar-linked components.
Product shortages, price increases, lack of new trucks and stock replenishment problems are some of the consequences triggered by import restrictions and the shortage of foreign exchange in logistics.
The National University of Technology (UTN) through its Technology Center for Transport, Circulation and Road Safety (C3T), prepares the National Logistics Costs Index together with the Chamber of Commerce of Logistics Operators (CEDOL).
In April, the CEDOL indicator with transport costs gave a 7.54% increase in April, in line with expected inflation for the month.
This survey shows that the biggest impacts on logistics services costs come from dollar-related items: repairs and rolling stock only in April they grew by 13.60% and 13.71% respectively.
The other increases in the index components were a 4.23% increase for diesel, followed by lubricants with 7.50% and tires with 7.25%. All of these percentage increases are taken from the Argentine Federation of Freight Trucking Commercial Entities (FADEEAC) indicator.
The first quarter ended with a cumulative increase in the index of 29.3%while the interannual increase accrues 131%, above inflation.
The item that underwent the greatest increase in April was the financial charge (24.82%), influenced by the sharp rise in interest rates. Followed by Insurance Companies (22.6%); Rolling Stock (13.71%); Repairs (13.6%); Lubricants (7.5%); Tires (7.25%) General Expenses (4.98%) and Fuel (4.2%).
From the logistics sector, they note that the Central Bank’s shortage of foreign currency “reduces the possibilities for imports, which it affects the turnover of goods, generates distortions in the administration of stocks and in the commercial management of the supply chain“.
“In general, any type of restrictive model where supply is limited tends to drive up prices. In our sector, for example, the lack of zero kilometer units for the renewal of the truck fleet not only worsens the quality of the service but also restricts supply by raising the price level. explained Gabriel Garcia, director of operations at Celsur Logistics.
“The same happens with inputs such as tires and spare parts; in the case of warehouses we can detect serious problems for the renewal of the moving machinery fleet, to name a few cases,” he said.
AQ
Source: Clarin
