Supply Chain Analytics Market to Grow 15.8% Annually Through 2024

Material Handling and Logistics

By 2024 the market could be worth $9.2 billion

E-Grocery Penetration Expected to Hit Double Digits by 2024

Multichannel Merchant

The post E-Grocery Penetration Expected to Hit Double Digits by 2024 appeared first on Multichannel Merchant. E-grocery penetration in the U.S. reached 4.5%

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Blockchain to save the food industry US$31 billion by 2024, driven by IoT partnerships

Manufacturing & Logistics IT

New data from Juniper Research shows that blockchain will enable $31 billion in food fraud savings globally by 2024 by immutably tracking food across the supply chain. Substantial savings in food fraud will be realised from 2021 and compliance costs will be reduced by 30% by 2024

Dock Scheduling: A Requirement as Retailers Double Down on WMS & WES

C3 Solutions

billion by 2024 from USD 2.06 from 2018 to 2024.” Supply chains across the globe need more efficiency to survive. The opportunities to grow fulfillment and improve the flow of inbound and outbound freight depend on multiple factors.

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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. Unfortunately, it seems like the light at the end of the tunnel is still a long ways off. In October 2015, the ATA released a report on the status of the trucker shortage in the US.

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. DSCSA Pharma Labeling

Supply Chain Weekly Wrap-Up: 11/22/19 – 11/28/19

All Things Supply Chain

Blockchain could save the food industry billions, according to new research Blockchain could save the food industry $31 billion by the year 2024 according to new data from Juniper Research.… … General Supply Chain News Weekly wrap-up blockchain logistics supply chain news sustainability weekly wrap-up

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Freight Analytics That Will Enhance Productivity

Cerasis

billion by 2024, presenting new opportunities.read More. Freight analytics refers to a set of algorithms that meticulously comb through the mountain of freight data to unlock its potential. According to Research & Markets, their value is further evidenced by their growth.

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. The agency last tightened its NOx standards for truck engines in 2010 to 0.2 gram per brake horsepower-hour. The California Air Rescue Board is pushing for a lower NOx standard, as low as.02, so they can meet the federal ambient air quality standards for the ozone. That would be a 90% reduction in NOx emissions. What is NOx?

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. The shortage of truck drivers in the U.S. has been a hot topic for some time.

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

How to Best Prepare for Current (and Upcoming) Supply Chain Disruptions

CH Robinson Transportfolio

And with passenger travel not expected to recover until 2024 , proactive solutions are needed to avoid current and upcoming disruptions. Weekly meal planning is a recurring event in our household.

Increased Demand and Reduced Capacity Prove a Challenge for Air Freight Market

CH Robinson Transportfolio

As the air freight market remains fluid, the International Air Transport Association (IATA) continues to revise its evaluation periodically and has recently predicted that international revenue passenger kilometers (RPKs) will not recover to 2019 levels until 2024.

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 percent annually between 2019 and 2024, and intermodal rail will continue to be the fastest growing freight mode, growing an average of 5.1 percent annually through 2024.

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

267 million active RFID/asset trackers will be deployed globally by 2027

EFT

Vehicle asset tracking for fleet management will make up the largest portion until 2024 when it will be surpassed by tracking, locating and monitoring for other types of assets including shipping containers, livestock, machinery, equipment and tools. Asset tracking is the fastest growing industrial IoT market and most connected devices will be location aware within the next decade claims the "Industrial IoT Asset Tracking" report.

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Crew Planning & Scheduling: Rebalance, Retrain, Recover

DELMIA Quintiq

As demand forecasts indicate that 2019 levels might only be achieved by 2024, airlines have been working to significantly reduce costs to match their now-smaller operations.

The TMS Outlook: 2020 Update

Logistics Viewpoints

I recently wrapped up my Transportation Management Systems market study which looks at the total size of the market, the forecasted growth through 2024, and the leading suppliers across a number of categories including industry, region, and customer size.

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Industry 4.0: Driven by 5G and Cognitive Technologies

Enterra Insights

million in 2024.” Some things seem destined to go together; for example, a wink & a smile; bed & breakfast; cookies & milk; and fish & chips. Many pundits assert 5G and cognitive technologies — often referred to as artificial intelligence (AI) — should be added to the list of famous pairs.

Trends and Predictions 2020: Information Technology

Enterra Insights

… And, by 2024, the number of apps at the edge will increase 800%.” ’ By 2024, more than 50% of user interface interactions will use AI-enabled computer vision, speech, natural language processing (NLP), and AR/VR (augmented reality/virtual reality).” Information technology (IT) is an umbrella term covering a variety of technologies. Bill Gates ( @BillGates ) once stated, “Information technology and business are becoming inextricably interwoven.

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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. On August 16 th , the Obama administration released the final rule on Phase 2 of greenhouse gas (GHG) regulations for the transportation industry. Phase 2 is more comprehensive than Phase 1, and will gradually be enforced from January 1 st , 2018 until its full implementation in 2027.

Trends and Predictions 2020: Supply Chain

Enterra Insights

Personalization : “By 2024, 75% of all consumer-facing companies will have developed the ability to customize at scale within their supply chains, resulting in, on average, a 2–3 percentage point increase in market share.” Transparency : “By 2024, for transparency and efficiency, 40% of customs agencies will join private blockchain and API-powered trade platform ecosystems to achieve a 50% increase in cross-border compliance.”

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Trends and Predictions 2020: Technology

Enterra Insights

And by 2024, the number of apps at the edge will increase 800%.”[5] ” Ubiquitous cognitive technologies : “By 2025,” IDC analysts predict, “at least 90% of new enterprise apps will embed AI; by 2024, over 50% of user interface interactions will use AI-enabled computer vision, speech, natural language processing and AR/VR.” The late futurist and science fiction writer Arthur C.

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The Internet of Things and the Retail Industry

C3 Solutions

The value of the IoT market in retail is predicted to jump from US$10 billion in 2017 to around $35 billion by 2024. 5] " IoT in retail market to cross USD 35 Bn by 2024 ", Global Market Insights media release, August 30, 2019. [6] This article is part of our Retail Program. Designed specifically to support global leaders by aiding in creating a strategic plan to help them win the retail game. Learn more about it now! 15 Min Read. Download for later.

Innovating Spare Parts Logistics

Logistics Trends and Insights

billion by the end of 2024. By Ian Kerr, The Postal Podcas t and Cathy Morrow Roberson. 3D printing is revolutionizing 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. However, transportation costs can be astronomical if not managed appropriately.

Advancements in Cold Chain Tech Open Doors for Global Trade

Logistics Trends and Insights

A Research and Markets repor t projects the market to grow at a significant CAGR of 13% during the forecast period from 2019 to 2024. by Amy Wunderlin. As the global cold chain continues to grow, so too does investment in the technologies to support it. These advancements, in turn, are opening doors for increased trade activity in new and emerging global markets.

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Circular Supply Chain: the Politics of Pollution

DynaSys

According to the UN TEEB & US Geological Survey[viii], metals such as Indium and Silver will be exhausted by 2024 and 2029 respectively. In previous posts, I wrote on the emergence of circular model supply chains , and the likely impacts they may have.

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. Shipping routes and truck sales have been severely impacted. Other countries including Australia , Canada , and the UK are facing the same issue. Will the industry turn itself around?

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. While the spring warmup seems to be “missing in action” for the Northeast US with April temps stuck 10-15 degrees below normal, you’d be right to assume we’re talking about the weather.

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The IoT Reality Check

C3 Solutions

REFERENCES: [1] " IoT in retail market to cross USD 35 Bn by 2024 ", Global Market Insights media release, August 30, 2019. [2] This article is part of our Retail Program. Designed specifically to support global leaders by aiding in creating a strategic plan to help them win the retail game. Learn more about it now! 15 Min Read. Download for later.

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. Transportation TIP List: Week of April 21 st , 2019. With this week’s observance of Earth Day, it’s only natural that our TIP List showcases a number of stories impacting the current transportation environment.

IIoT In Manufacturing Update

IQMS

Global spending on IIoT Platforms for Manufacturing is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years. These and many other fascinating insights are from IoT Analytics’ study, IIoT Platforms For Manufacturing 2019 – 2024 (155 pp., IoT Analytics is finding that manufacturing is the largest IoT platform industry segment and will continue to be one of the primary growth catalysts of the market through 2024.

Predictive Analytics and Future Supply Chains

Enterra Insights

between 2019 to 2024, more than doubling in size. Business has always been a numbers game. That’s why spending on supply chain advanced analytics is on the rise. Analysts from River Logic write, “The importance of supply chain analytics is demonstrated by predictions that the market will grow at a CAGR of 17.3% “[1] Business people who don’t understand numbers don’t stay in business very long.

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. However, transportation costs can be astronomical if not managed appropriately. As 3D printing becomes a viable option for spare parts management, a growing number of providers such as DB Schenker and UPS are providing 3D printing services.

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]

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