Based in New Jersey, Anthony Berritto has served as the CEO of SalSon Logistics, an advanced logistics provider in Port Newark, since 1983. In this capacity, he oversees over 1,200 employees and an equipment fleet that includes 1,200 chassis, 600 trucks, and 1,200 trailers. Anthony Berritto offers pool distribution and dedicated warehousing services.
Dedicated warehousing refers to the outsourced management of warehousing operations. In this contract, a logistics company operates a warehouse on behalf of one client. Dedicated warehouse contracts have two different payment arrangements: transactional-based costing and cost-plus.
In transactional-based costing, a logistics company charges its client (warehouse tenant) predetermined rates for freight handling, inventory management, and value-added services like customization, repackaging, bundling, and work order processing. Capital expenditures like warehouse infrastructure can be amortized throughout the contract.
In cost-plus payment, all expenses are determined at the beginning of the contract. The client pays a lump sum for the entire operations and infrastructure management.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.