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Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

Transportation is one of the world's largest industries and deeply influences how efficiently global supply chains are able to run. According to Plunkett Research, transportation revenues in 2017 reached over $1 billion in the U.S. But issues surrounding labor and rising fuel prices pose real threats to the freight industry.

Freight 68
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Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

Transportation is one of the world's largest industries and deeply influences how efficiently global supply chains are able to run. According to Plunkett Research, transportation revenues in 2017 reached over $1 billion in the U.S. But issues surrounding labor and rising fuel prices pose real threats to the freight industry.

Freight 60
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Why the Great Driver Shortage Is Now Top of Mind for Shippers & a Driver of a Capacity Crunch

GlobalTranz

At the same time, carriers have turned to leaner operations to keep costs down, and the transportation industry is ready to implode with a capacity crunch that lasts well into 2018 and may only get worse from there. percent by the end of the third-quarter in 2017. The 2017 Hurricane Season Hit Top Driver Recruitment Areas.

Capacity 122
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Where Have The Drivers Gone?

AFFLINK

Those "things" need to be transported via truck, yet the industry lacks the capacity to do so. Not only does this exacerbate the shortage as there are fewer drivers hauling larger amounts of freight, but it also leads to massive supply chain issues like product shortages, extended delivery delays, and (ultimately) higher prices.

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Addressing Labor Shortages in Warehouse and DC Operations

NC State SCRC

He was promoted to a full-time job in 2017, and is now earning more than $16 an hour. Freight rates are on the rise, and there are signs that the shortage are unlikely to abate. It removes age restrictions on interstate transportation by licensed commercial drivers and strengthens safety-training standards across the industry.

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This Week in Logistics News (December 31 – January 6)

Logistics Viewpoints

Ground transportation’s consolidation process also generates fewer carbon emissions and leaves a smaller environmental footprint than shipping individual items back to retailers. Any earn-out is expected to be paid in fiscal 2025 and fiscal 2026. percent from 2017 through 2021 and will have a CAGR of 11.8

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Truck Driver Shortage: Getting Better, Worse, or No Problem at All?

Talking Logistics

This past October, the American Trucking Associations warned that the trucking industry could be short 50,000 drivers by the end of 2017. In the report, ATA projects the shortage to reach 50,000 by the end of 2017 and if current trends hold the shortage could grow to more than 174,000 by 2026.