Savi

OCTOBER 29, 2019

The pivot point has moved from production to customer delivery, and the primary constraint has moved from manufacturing to transportation. This shift is hard to handle because the CPG industry spends at least 5% of revenue on transportation. Driver Shortages: It is estimated that by 2026, the industry will be short 175,000 drivers. .

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. Those "things" need to be transported via truck, yet the industry lacks the capacity to do so. In fact, according to the American Trucking Association , it's something that the industry has struggled with periodically over the last 15 years.

Military 54

Military Just-in-Time Price Reduction Electronics 54

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.”.

Forecasting 105

Forecasting Manufacturing Procurement New York Just-in-Time 105

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

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