How IoT Improves Consumer Packaged Goods Value Chain

Savi

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. Plagued with driver shortages, theft, and delays, transportation undermines results from all other cost initiatives. Driver Shortages: It is estimated that by 2026, the industry will be short 175,000 drivers.

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

Talking Logistics

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. I offered some ideas in a July 2014 post titled, Driver Shortage in Trucking: Time for Plan B.

Where Have The Drivers Gone?

AFFLINK

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.

Looking Back at Previous Capacity Crunches & How Shippers Responded

Cerasis

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.

The Future Is Now for Logistics

Material Handling & Logistics

If things don't change, and we continue up this progression, by 2026, we will be at 170,000 drivers short. A 2014 study by The Manufacturing Institute and Deloitte projected that employment in manufacturing and warehousing would fall a 2 to 3.5

A vision for a transparent global Rare Earth Element system using blockchain technology

Provenance

It is forecasted that by 2026, demand will mainly be linked to the rise in clean energy technology, in particular for neodymium-iron-boron (NdFeB) magnets –– critical components for electric and hybrid vehicles as well as wind turbines.