Supply Chain Analytics Market to Grow 15.8% Annually Through 2024

Material Handling & 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

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.

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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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.

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

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

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.

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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

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.

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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.

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.

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.

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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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.”

Trends 100

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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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.

Trends 100

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.

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.

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.

The need to know

EFT

billion) in revenue by 2024. The need to know from Reuters global network of journalists. As coronavirus sinks global demand, China’s exporters go online to tap domestic market.

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.

Major shift to automated systems in distribution centres will fundamentally transform space

EFT

Despite the large deployments already, they assess the real global inflection point to arrive around 2024 beyond at which point the pace of deployment will dramatically accelerate.

COVID-19 Pandemic Triggers Surge in Global Food Delivery Industry

Logistics Bureau

billion (USD) in 2020 and $164 billion by 2024. Known as the ‘ferrymen’ of Wuhan, thousands of motorbike riders would just months ago zigzag daily through the traffic clogging the streets of the central Chinese city delivering a smorgasbord of food varieties to residents.

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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.”

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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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.

Technological challenges and limited value holding back autonomous trucks but major change expected by end of decade

EFT

IDTechEx assess that the market will remain in the learning phase until 2024. Level 4 autonomy in certain highway conditions and teleoperated or telemonitored driverless low-speed trucks in constrained environments will take off likely beginning from 2024.

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Amazon to Buy 100,000 Electric Delivery Vans

Multichannel Merchant

Bezos said all 100,000 Rivian vans should be on the road by 2024, according to USA Today , with the first in service by 2021 and prototypes possibly showing up next year.

Building the Future of my Supply Chain

DynaSys

On June 13th, we have invited our customers and partners to Bordeaux (France) to share their vision and plans to take their supply chain to the next level. . Today there are trends we can’t ignore.

Trends 2020: An Overview

Enterra Insights

” On the down side, Gartner analysts predict, “By 2024, the World Health Organization will identify online shopping as an addictive disorder, as millions abuse digital commerce and encounter financial stress.” To really know what’s happening in a given arena of human or economic activity, you must take a deep dive. The platform off of which you dive, however, is the broader world stage. An understanding of larger global trends (i.e.,

Trends 100

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.

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 To Start Your Brewery On The Path To Success

Unleashed

billion by 2024, according to Business Wire. Craft brewing is projected to be a US$107 billion industry by 2024. The craft beer industry has had an exciting ride, with a pre-Covid Compound Annual Growth Rate of 14.1% and a forecasted market valuation of US$107.85