Remove 2017 Remove 2026 Remove Freight Remove Meeting
article thumbnail

This Week in Logistics News (February 18 – 24)

Logistics Viewpoints

The retailer plans to have at least 15 of the facilities, dubbed sortation centers, by the end of January 2026. First announced by Elon Musk in 2017, the Tesla Semi has been one of the longest-delayed products in the company’s history. It already has opened nine, after testing the concept in its hometown of Minneapolis.

article thumbnail

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. But issues surrounding labor and rising fuel prices pose real threats to the freight industry. Despite ramped-up recruiting efforts, this number is expected to triple by 2026. Technology Comes to the Aid of Freight Companies.

Freight 68
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. But issues surrounding labor and rising fuel prices pose real threats to the freight industry. Despite ramped-up recruiting efforts, this number is expected to triple by 2026. Technology Comes to the Aid of Freight Companies.

Freight 60
article thumbnail

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

GlobalTranz

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.

Capacity 122
article thumbnail

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% But some Class 1 railroads, CSX in particular, are cutting back on intermodal service to favor more profitable freight. Parcel delivery volumes jumped 7% to $99 billion in 2017.

article thumbnail

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. Earlier this year U.S.