Logistics Risks Management Situation in Lithuania

Abstract

More and more companies from all over the world focus on the main business, whereas transport, logistics and storage are entrusted to business partners who specialize in this area. The development of logistic systems creates the need for transport service’s risk management. The aim of this research: to identify freight transportations’ risk management problems in logistic companies. The objectives of the research: to distinguish the most important external and internal risk factors and risk management methods applied to logistic companies which provide freight services. The methodology of the research: to carry out the study an interview and a quantitative research method – a survey, were chosen. The survey was conducted in March – April, 2017. The questionnaire was submitted to companies that provide freight services with their own or hired transport. The interview method was used to question five executives of freight transport service providers. The main risk factors for the enterprises under investigation are external and internal communication problems.