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

Cerasis

In fact, the truck driver shortage is expected to double to 100,000 in the next five years, but other industry experts, reports Iris Kuo of Trucks.com , suggest actual worsening could be as high as 200,000 unfilled positions by 2026. percent by the end of the third-quarter in 2017.

Looking Back at Previous Capacity Crunches & How Shippers Responded

Cerasis

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. Some of the tightest of the previous capacity crunches have occurred within the last two decades.

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.

The (Potential) Value of Labeling in the Lithium Ion Battery Supply Chain

The UCLA Anderson Global Supply Chain Blog

1] Electric vehicle driven demand for lithium-ion battery raw materials such as cobalt and copper is expected to increase 10x by 2026. [2]. As such, our cost savings estimate only focused on differences in recovered material value from the time period of 2026 to 2040.

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Musk's Electric-Car Vision Doubted by Major Auto-Parts Suppliers

Material Handling & Logistics

won’t reach price parity with traditional gasoline engine-powered SUVs until 2026, Bloomberg New Energy Finance estimated in its Long-Term Electric Vehicle Outlook.

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. Truck driver salaries are up, with private fleet drivers earning as much as $86,000 annually in 2017, with an entry level median position of $53,000. The American Trucking Association expect a shortage of roughly 70,000 truck drivers in 2019, which will increase to 175,000 by 2026. A group of executive joined SCRC faculty and staff for a one-day workshop held on February 28, 2019.

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Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

According to Plunkett Research, transportation revenues in 2017 reached over $1 billion in the U.S. Despite ramped-up recruiting efforts, this number is expected to triple by 2026. Transportation is one of the world's largest industries and deeply influences how efficiently global supply chains are able to run. alone. Globally, they stood at $4.8 trillion.

Why Taxing Automation is a Bad Idea

Talking Logistics

The ATA estimates the shortage could reach 50,000 by the end of 2017 and could even grow to 176,000 by 2026.

Where Have The Drivers Gone?

AFFLINK

According to another recent report from the American Trucking Association , the shortage of drivers was expected to hit 50,000 by the end of 2017 - a trend that equates to more than 174,000 drivers by as soon as 2026.

Transportation Innovation 2018

EFT

Consumers spent $453.46B online for retail purchases in 2017, a 16.0% In 2017 eCommerce sales accounted for 13% of all retail sales in the United States (taking out items not normally bought online from the retail number); this figure is expected to reach 17.5%

The Future Is Now for Logistics

Material Handling & Logistics

We saw that starting to turn around in 2016 and continued to accelerate into 2017," he notes. trillion in 2017, up 6.2% Parcel delivery volumes jumped 7% to $99 billion in 2017. The capacity crunch and technology are reshaping ?the the supply chain.

Amazon vs. Flipkart: The Race to Dominate Indian E-Commerce

Elementum

the Indian e-commerce market is estimated to reach $200 billion by 2026. India became Amazon's fastest-growing market for Amazon Prime in 2017 , having grown nearly 5 times in size between the beginning of the year and October.

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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.

Amazon vs. Flipkart: The Race to Dominate Indian E-Commerce

Elementum

the Indian e-commerce market is estimated to reach $200 billion by 2026. India became Amazon's fastest-growing market for Amazon Prime in 2017 , having grown nearly 5 times in size between the beginning of the year and October. Indian e-commerce company Flipkart is in fierce rivalry with Amazon over the country's online retail market. Both have unique advantages, but the true test will be which company can best tailor its offerings to the Indian consumer’s palate.

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How Tax Reform Affects Owner-Operators

DAT Solutions

In December 2017, Congress passed one of the largest tax reform bills since the 1980s. After 2022, the amount of bonus depreciation will begin to be phased out with 80% in 2023, 60% in 2024, 40% in 2025, and 20% in 2026.

Time to Reimagine STEM Education from Bottom to Top

Enterra Insights

The Executive Summary of the American Institutes for Research “ STEM 2026 ” report states, “The complexities of today’s world require all people to be equipped with a new set of core knowledge and skills to solve difficult problems, gather and evaluate evidence, and make sense of information they receive from varied print and, increasingly, digital media. ” The Huffington Post , 23 January 2017. [3]