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


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.

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.

WTO Rules Against Boeing Production Related Tax Incentives

Supply Chain Matters

According to a report by the Associated Press, these incentives that were set to be awarded between 2024 and 2040 apply to the production of the wings to be part […]. A World Trade Organization (WTO) panel has ruled that upwards of nearly $6 billion of prior tax incentives provided to Boeing improperly excluded foreign competition.

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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.

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

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.

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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The National Truck Driver Shortage is Threatening the Freight Industry


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.

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


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

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]

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.

Will your supply chain lead in the next decade?


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.”

[Infographic] Opportunities for Women Abound in Skilled Trades


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

Overcoming the Skills Gap in Automotive Engineering


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.

Transforming Tribes


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.

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.

Tesla and the Future of the Trucking Industry


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.

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.

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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6 Transportation Management Trends for 2016


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?