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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.

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Top 20 Warehouse Automation Suppliers Worldwide

Logistics Viewpoints

I will soon be publishing the 2021 base-year study with a five-year forecast through 2026. MHS Global has grown rapidly over the last few years, partially due to a string of acquisitions including that of Atronix in 2017; VanRiet, A2i, and OCM in 2018; and eMotion Controls in 2020. Contact us for more information. Lee Partners.

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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. According to Seaport Global Securities LLC analyst Kevin Sterling, between 60,000 and 100,000 drivers are needed to meet the demand for trucking services. Despite ramped-up recruiting efforts, this number is expected to triple by 2026.

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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. According to Seaport Global Securities LLC analyst Kevin Sterling, between 60,000 and 100,000 drivers are needed to meet the demand for trucking services. Despite ramped-up recruiting efforts, this number is expected to triple by 2026.

Freight 60
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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. Illegal mining occurs in part because legal production within China is unable to meet producers’ demand.

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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.

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How To Find CBD Payment Processing Services [+ CBD Credit Card Processors for Ecommerce Shops]

ShipBob

This cannabinoid is a highly sought after derivative of the cannabis plant and its abbreviated version — CBD — is short for ‘cannabidiol’ Source: Statista. million by 2026, growing at a 58% CAGR between 2019 and 2026. Many ecommerce shops have begun selling CBD to meet demands. billion in legal sales.

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