The Institute of Logistics and Transport’s new streamlined faculty and regional structure became a reality on October 1 when the integration of the former Institute of Logistics and The Chartered Institute of Transport (CIT UK) was officially finalised after four years of detailed debate and planning. The new operating struture is based on four professional faculties – Supply Chain, Transport, Resources and Technology – that support more than 20 specialist forums all of which are linked to 13 new regions to cater for members local needs.
The creation of what is said to be a more agile operating framework that will be able to provide more and enhanced benefits is reported to have been well received by the membership. But, there is no such thing as a free lunch. These services have to be paid for and consequently, particularly after experiencing two years of difficult financial trading, it was not a surprise to see that the Institute increased membership subscriptions on October 1. Annual member subscriptions are now £105, up 40% from the £74 fee in 2001. However, the Institute is confident that these increases will not have an adverse effect on membership numbers which have remained stable.
By maintaining subscription income in this way the Institute says that it will be able to introduce further new membership benefits. For example, the enhanced bookshop will shortly be available via an improved website. Stephen Rinsler who took over as chairman on October 23 says that the members deserve the Institute to do well and, “I intend to see that it continues to do so.” Everyone in logistics and transport will surely wish Stephen well in his new, challenging role.