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.

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.

Congo 78

Addressing Labor Shortages in Warehouse and DC Operations

NC State SCRC

Workers are so scarce that, in many parts of the country, low-skill jobs are being handed out to pretty much anyone willing to take them – and high-skilled workers are in even shorter supply.”. 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.

DC 40

Retail Apocalypse Predicted to Continue

Enterra Insights

Back in 2017, Bloomberg journalists Matt Townsend ( @matt_townsend ), Jenny Surane ( @jennysurane ), Emma Orr ( @emmajorr ), and Christopher Cannon ( @homiedonttweet ), predicted the retail apocalypse was just beginning.[3] Howland reports, “[UBS] analysts’ best case estimate is for 75,000 stores to collectively shutter by 2026, if e-commerce penetration rises from today’s 16% to 25%.” 5] Staff, “ Retail Services Spotlight ,” Select USA, 2017. [6]

Retail 100

Why Taxing Automation is a Bad Idea

Talking Logistics

Restaurant chains such as McDonald’s and Panera Bread have been rolling out kiosks allowing customers to place their own orders. Which is why the California proposals and ideas put forth by industry leaders like Bill Gates are disturbing to those of us in the supply chain.

Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

Transportation is one of the world's largest industries and deeply influences how efficiently global supply chains are able to run. 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. alone. Globally, they stood at $4.8 trillion.

Where Have The Drivers Gone?

AFFLINK

The most immediate impact of the truck driver shortage (beyond the shortage itself) has to do with its effect on supply chains everywhere.

The Future Is Now for Logistics

Material Handling & Logistics

the supply chain. The Council of Supply Chain Management Professionals' annual State of Logistics report attempts to offer just such a map -- accompanied by some timely warnings. We saw that starting to turn around in 2016 and continued to accelerate into 2017," he notes.

Transportation Innovation 2018

EFT

Consumers spent $453.46B online for retail purchases in 2017, a 16.0% As the labor supply drops, wages will go up. USPS alone had an estimated 70,000 delivery drivers in 2017. Material handling and logistics forecasts that as soon as 2026 90% of new vehicles will be autonomous.

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

Provenance

Interested in understanding how supply chain transparency could benefit your business? Since the 1990s, China has supplied the lion’s share of the world’s demand for REEs. Nevertheless, over the last few decades the world largely relied on Chinese REE supply.