Savi

OCTOBER 29, 2019

Driver Shortages: It is estimated that by 2026, the industry will be short 175,000 drivers. Given that most freight is transported over the road, this is a serious concern. By investing in technologies, on-time Requested Arrival Dates (RAD) have rebounded from their fall in 2014, up 4.5%, according to a Boston Consulting Group study.

Packaging 45

Packaging Real-time Visibility Analytics Software Internet of things 45

AFFLINK

FEBRUARY 13, 2018

Flash forward just a few years to 2014 and that number had skyrocketed to 38,000. 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.

Military 54

Military Just-in-Time Price Reduction Electronics 54

GlobalTranz

DECEMBER 11, 2017

The same held true after Superstorm Sandy and the unyielding winter of 2014, reports Lawrence J. Also, the driver short has continually grown worse for the last eight years, and it is expected to continue through 2026, asserts Iris Kuo of Trucks.com. Increased Freight Rates Can Tone Down Capacity Crunches.

Price Reduction 161

Price Reduction Cost Reduction Strategies Resource Reduction Capacity 161

Talking Logistics

DECEMBER 18, 2017

We experienced a ‘freight recession,’ last year, which eased the pressure on the driver market,” [ATA Chief Economist] Bob Costello said. Now that freight volumes accelerating again, we should expect to see a significant tightening of the driver market.”. Recruit more female drivers : women make up nearly 47% of all U.S.

Forecasting 105

Forecasting Manufacturing Procurement New York Just-in-Time 105

Material Handling & Logistics

AUGUST 14, 2018

But some Class 1 railroads, CSX in particular, are cutting back on intermodal service to favor more profitable freight. If things don't change, and we continue up this progression, by 2026, we will be at 170,000 drivers short. Rail intermodal, a natural alternative to trucking, is seeing strong increases in traffic.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software Logistics 98