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.

Addressing Labor Shortages in Warehouse and DC Operations

NC State SCRC

The shortage of workers is causing companies to look at non-traditional sources, including individual with a criminal record. 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. A group of executive joined SCRC faculty and staff for a one-day workshop held on February 28, 2019.

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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]. Image source: “Electric Vehicle Outlook 2018 | Bloomberg New Energy Finance.” Image source: ResearchGate. Image source: ResearchGate.

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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. But to effectively grapple with their operations to make them faster and better, companies will have to be committed to streamlining their processes — from sourcing, to loading, to manpower utilization and more.

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. But to effectively grapple with their operations to make them faster and better, companies will have to be committed to streamlining their processes — from sourcing, to loading, to manpower utilization and more.

Transportation Innovation 2018

EFT

Consumers spent $453.46B online for retail purchases in 2017, a 16.0% over 2010 (Source: US Commerce Department). In May 2018 unemployment dropped to 3.8% (Source: Bureau of Labor Statistics), with the addition of 223,000 new jobs.