Trucker Shortage May Quadruple by 2024 – What Carriers Are Doing to Help

GTG Technology Group

The ATA believes the industry will be short a whopping 175,000 drivers by 2024. The post Trucker Shortage May Quadruple by 2024 – What Carriers Are Doing to Help appeared first on GTG Technology Group. The trucker shortage has been a growing problem recently.

FDA To Hold First DSCSA Meeting

Loftware

First signed into law by President Obama in 2013, the DSCSA includes a lengthy adjustment period that runs between 2015 and 2024. The Drug Supply Chain Security Act aims to protect U.S. consumers from counterfeit or contaminated pharmaceutical drugs.

Meet Your Match

Inbound Logistics

billion to run IoT solutions by 2023, startup aims to make robots safe around factory workers, conditions ripe for multistory warehouses, automated material handling equipment market to exhibit significant growth during 2018–2024

Your Top 5 Questions on NOx Standards Answered

PLS Logistics

The Environmental Protection Agency (EPA) is preparing a rule that would set new standards to reduce NOx emissions from heavy-duty truck engines beginning in 2024.

What Every Shipper Needs to Know About the Future Truck Driver Shortage

PLS Logistics

Most people in the industry have heard the statistics by now: we’re currently short 48,000 drivers, the shortage is expected to rise to 175,000 drivers by 2024 and carriers will need to hire 89,000 drivers a year over the next decade in order to keep up with demand.

This Week in Logistics News (June 24-28, 2013)

Talking Logistics

Freight Forecast to 2024 , which projects an overall increase in freight volumes for all modes of more than 20 percent and an increase in the amount of freight moved by trucks. trillion annually in 2024 and trucking will see its share of those revenue rise to 81 percent from 80.7

Transportation TIP List: Week of April 21st, 2019

Transplace

FMCSA Grants Ag Haulers a Five-Year Exemption Permitting New Cargo Securement Techniques : The FMCSA has granted a five-year exemption (April 15, 2019 to April 15, 2024) to the Agricultural & Food Transporters Conference of American Trucking Associations.

Combating the Driver Shortage: From the Carrier’s Perspective

Logistics Viewpoints

Some estimates indicate that the shortage could reach over 150,000 by 2024. There is no denying that the trucking industry is in a state of flux right now. Even though demand is rising, the industry as a whole is facing a monumental shortage of qualified drivers. Just how big is that shortage? By the end of 2015, the driver shortage had ballooned past 45,000. That is a scary thought, and one that will certainly drive […]. Transportation

[INFOGRAPHIC] Supply Chain Planning: 4 Essential Year End Questions to Ask Yourself

Cerasis

Overall the driver shortage is forecast to hit 175,000 by 2024, “and that will slow down the U.S.

The National Truck Driver Shortage is Threatening the Freight Industry

Elementum

If the shortage persists, it is forecast to increase rapidly to almost 175,000 by 2024. The trucking industry, which moves 70% of US freight, has been facing a driver shortage for the past 15 years. The industry is short 48,000 drivers, and its severe turnover rate— 87% in 2015 —isn’t helping.

2018 Likely to Be Coldest Year on Record for Food Shippers

Supply Chain Collaborator

Projected to grow to $100 by 2024 or 13% of total grocery sales, online grocery is being cemented as a business model thanks to the success of huge companies like Amazon, Walmart and others rushing to meet consumer demand for this type of service.

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Innovating spare parts logistics with 3D printing

EFT

billion by the end of 2024. 3D printing is revolutionising the way spare parts is managed. Typically an expensive part of the supply chain, the management is often based on ‘just-in-time’ deliveries in order to keep inventory levels low.

The Future of Online Grocery Sales

Enterra Insights

”[6] If the prediction of 70% of consumers shopping online by 2024 strikes you as optimistic, consider the fact that as far back as 2014 “online grocery shopping studies found that one-third of primary grocery shoppers had bought groceries online … and this trend was extending across all age groups.”[7]. 5] Alissa Marchat, “ 70 Percent Of Consumers Will Be Grocery Shopping Online By 2024 ,” The Shelby Report , 29 January 2018. [6]

Food 100

Trends 2019: Supply Chain

Enterra Insights

Ellis predicts, “By 2024, more than 60 percent of G2000 manufacturing organizations will rely on artificial intelligence platforms to drive digital transformation across the supply chain, leading to productivity gains of more than 20 percent. We live in hectic times. The U.S. is in a trade war with the world. Britain is trying to disconnect from Europe. Cyber attacks are increasing. Climate change is creating violent weather events. The list of crazy things happening goes on and on.

Trends 100

How New GHG Regulations Affect the Future of Transportation

PLS Logistics

Additional truck and trailer requirements, including fuel-efficiency guidelines and CO 2 emissions standards, will be implemented in 2021, 2024 and 2027.

Top Trends in Luxury Brands That Will Influence the Future of Your Supply Chain

DynaSys

Generation Y is projected to expand the luxury brand market and represent 50% of consumers by 2024 according to the BCG. The luxury brand market has never looked so good! Worldwide, the luxury brand market expects to reach € 915 billion this year.

Will your supply chain lead in the next decade?

ivalua

The ride to 2024 will be an exciting one for supply chain leaders. Yesterday was the first day of Gartner’s Supply Chain Executive Summit. The conference theme is “supply chain will lead in the next decade.”

Blockchain: The Technology Reshaping SCM!

Supply Chain Game Changer

million by 2024, growing at a CAGR of 49.16% between 2017 and 2024” ( globalnewswire.com 2018 ). Subscribe Here! Email Address. Blog post originally created and published by, and permission to publish here provided by, Sam Jenks at [link] . Check out What Exactly is Blockchain?

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Top 4 Supply Chain Jobs in the U.S.

3PL Insights

According to the Bureau of Labor Statistics, business and financial operations positions were expected to grow 8 percent through 2024. This is a clear indication that manufacturing, wholesaling, and retailing industries are growing and not disappearing. Supply chain management is a growing field because of this. Below is some pertinent information on the top 4 supply chain jobs: Buyers, Supply Chain Analysts, Logistics Managers, and Operations Managers. Buyers and Their Requirements.

[Infographic] Opportunities for Women Abound in Skilled Trades

Cerasis

Plus, the demand for HVAC installers and electricians alone is projected to increase 14 percent by 2024.

Overcoming the Skills Gap in Automotive Engineering

Cerasis

In the UK, for example, industries are expected to require more than 180,000 skilled people every year to maintain growth by 2024. Automotive engineering hasn’t changed much in the last hundred years.

New study: How will the explosion in ecommerce affect value of real estate?

The Network Effect

Nevertheless, online sales will climb faster and by 2024, in-store and online sales are essentially equal again. oatsy40/Flickr. Recently, Tompkins International completed internal research on correlations between retail and real estate.

Process Automation can take the Robot Out of the Human

Enterra Insights

billion by 2024. CAGR from 2014 to 2024 (forecast period). The late Logan Pearsall Smith, an American-born British essayist and critic, once wrote, “The test of a vocation is the love of the drudgery it involves.” ” I daresay more people agree with his fellow Brit, comic artist David Chester Gibbons, who stated, “I’m known for being very enthusiastic about using technology.

Transforming Tribes

EFT

In the UK commentators are perhaps somewhat understated in their forecasts when they indicate that by 2024 30% of retail sales will be achieved online (17% in 2013). Many retail organisations are essentially tribal. They are all too often made up of separate and often competing groups.

Trends 2019: Information Technology

Enterra Insights

7] IDC predicts, “By 2022, the top four cloud ‘mega platforms’ will host 80% of IaaS/PaaS deployments, by 2024, 90% of Global 1000 organizations will mitigate lock-in through multi- and hybrid cloud technologies and tools.” Information technology (IT) is a big tent covering a lot of technologies. The importance of IT for today’s organizations cannot be understated.

Trends 100

Tesla and the Future of the Trucking Industry

Elementum

in 2024. The global trucking industry is currently facing two great challenges for sustainability: to transport a significantly higher volume of goods, and to further develop new means of delivery concepts. A Nikola Motors model, designed to compete with Tesla's Semi.

Freeing Humans from Robotic Tasks

Enterra Insights

… In fact, the RPA market is predicted to exceed $8 billion by 2024, according to U.S. Historically humans have found ingenious ways to automate tedious and, sometimes dangerous, tasks. Tedium is seldom a good thing in the workplace. Following that pattern, it should come as no surprise software “bots” are now relieving humans of mundane tasks associated with the emergence of the Digital Age.

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Robotic Process Automation and the Intelligent Enterprise

Enterra Insights

As a result, Violino reports, “Market research and consulting firm Grand View Research has estimated that the global RPA market will expand at a compound annual growth rate (CAGR) of 61 percent from 2018 to 2024.” Whether you call this the Information Age or the Digital Age, it is characterized by the unrelenting generation of massive amounts of data (aka Big Data).

How Tax Reform Affects Owner-Operators

DAT Solutions

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. In December 2017, Congress passed one of the largest tax reform bills since the 1980s.

6 Transportation Management Trends for 2016

Cerasis

By 2024, the shortage may reach a height of 1750,00 missing drivers. 2016 will be a defining year for the logistics industry , and transportation management practices must adapt to these changes. Some of these transportation management trends reflect real worries for the logistics industry. However, logistics providers and shippers are starting to understand how to best combat each of these problems through the application of transportation management technologies.

New Trailers are Going to Cost You More

DAT Solutions

Transport Topics reported that the requirements will probably add "about $860 to the cost of a 2021 trailer, $1,015 to the cost of a 2024 unit, and $1,090 for a 2027 model," compared to the cost of a 2017 model. Got some trailers that need replacing?