The National Truck Driver Shortage is Threatening the Freight Industry

Elementum

The trucking industry, which moves 70% of US freight, has been facing a driver shortage for the past 15 years. The hour-of-service regulation has affected the industry’s productivity, hence the need for more trucks and drivers to move the same amount of freight.

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

ATA Releases Latest Freight Forecast, Projecting Strong Trucking Growth. 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.

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

Cerasis

We will also include a bonus portion of the post to include what is the outlook for the freight marketplace in 2016 and what to consider as you start to plan for better transportation management in 2016. . BONUS: Freight and Transportation Costs Must be Considered in Supply Chain Planning.

Trends 2019: Supply Chain

Enterra Insights

The staff at Supply Chain Network (SCN) writes, “With rising customer expectations, changing business models, cut-throat competition and the influx of technologies, it’s critical that you prepare your supply chain to address challenges such as the capacity crunch, last mile strategies, balancing of costs, digital freight market opportunities and navigating the ecommerce maze.”[1]. We live in hectic times. The U.S. is in a trade war with the world.

Trends 100

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). Image: Column 3PL/Logistics Freight Transport General Supply Chain Technology/IT Retail/CPG/Fashion

Tesla and the Future of the Trucking Industry

Elementum

Trucking is the main means for freight transportation in the United States. in 2024. The company states that “The truckload freight environment thus far in 2016 has been challenging (due to) excess industry capacity, excess customer inventories, and sluggish demand.”

6 Transportation Management Trends for 2016

Cerasis

Outsourcing of Freight Data and Payment Management. Previously, rates were determined by freight classification. 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.