Strong Freight Forecast Expected Thru 2026, What It Means for Shippers & 5 Things to Get Prepared

Cerasis

Freight Transportation Forecast to 2026. percent by 2026. This means the increased revenue by 2026 would amount to more than five percent of the total current US National Debt. million by 2026. With unprecedented increases in freight and significant costs and changes to the industry, the logistics world of 2026 must be a paragon of efficiency, reliability, and consistency. On July 27, 2015, the American Trucking Association s released the U.S.

Three essential trends driving Asia Pacific e-commerce automotive aftermarket size by 2026

All Things Supply Chain

The Asia Pacific e-commerce automotive aftermarket is poised to record substantial gains owing to increasing automotive part sales in the region. Vehicle filters, brakes and light replacement parts are some… General asia Asia-Pacific automotive automotive aftermarket ecommerce

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A Look into 2026: Is a Supply Chain Robotics Takeover Inevitable?

AFFLINK

In a 2016 survey conducted by MHI and Deloitte, a logistics industry group, 35% of respondents said they’d already adopted robotics to maximize their supply chain optimization. The same report suggested that in 10 years that number will rise to 74%. But the question still remains: is the rise of robotics within the manufacturing supply chain a good or bad thing?

Inventory management software market 2026 - A USD 5 billion revenue opportunity

Manufacturing & Logistics IT

According to a recent study from market research firm Global Market Insights, the inventory management software market is set to grow from its current market value of more than $5 billion to over $5 billion by 2026, gaining remarkable traction over the 2020 to 2026 period

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Global Supply Chain News on Major Changes in Which Countries have the Largest Economies, Coming, New Assessment Says

Supply Chain Digest

China to Overtake US in 2026, India, Indonesia to Rise Sharply in New World Order

Final Mile Carriers: What Should Shippers Know?

Cerasis

As noted by Freight Waves, e-commerce will contribute to the delivery of more than 100 million parcels per day by 2026. Every shipper is actively engaged in the process of refining final mile services, offering customers new delivery options, such as buy online pick up in-store (BOPIS), and same-day delivery to the residence. Such transformation.read More. The post Final Mile Carriers: What Should Shippers Know? appeared first on Transportation Management Company | Cerasis.

What Are the White Glove Options to Pick in Final Mile?

Cerasis

Accounts of e-commerce growth permeate the Internet, and some expect more than 100 million parcels to be delivered daily by 2026. E-commerce is an industrial atomic bomb. Unfortunately, as explained by Logistics Management, many retailers still struggle with providing the capacity and technology to secure white glove options for their customers. This creates a level.read More. The post What Are the White Glove Options to Pick in Final Mile?

New Study Questions Validity of the Truck Driver Shortage

Kuebix

Companies report problems covering their loads and even the American Trucking Associations announced that there will be a shortage of 174,000 drivers by 2026 if the current climate continues. It’s been taken as fact for many years that there is a shortage of truck drivers in the United States. Here are just a few of […]. The post New Study Questions Validity of the Truck Driver Shortage appeared first on Kuebix.

Study 93

The Growing Reliance on Traceability in Manufacturing Supply Chains

IQMS

Acumen Research & Consulting, an advisory firm specializing in industry and vertical market research, predicts global demand for manufacturing traceability, including track and trace software , will soar through 2026. by 2026, achieving an 18% Compound Annual Growth Rate (CAGR).

Online Learning is Growing Exponentially—And it’s Here to Stay

Logistics Bureau

billion USD by 2026, if not before then. billion (USD) by 2026 at a CAGR of 9.1 percent from 2018 to 2026. Article Summary. The COVID-19 pandemic has wrought staggering changes in higher education around the world.

Driver Digest: The Impact of a Driver

Supply Chain Link

In the United States, drivers are responsible for moving 69% of total freight 1 and that amount of freight is expected to grow an additional 26% by 2026 2. Whether you are a driver who takes on long hauls over the road or runs frequent dedicated routes, drivers help sustain life and make the world go round. READ MORE. Driver Digest Truck Drivers

Transportation TIP List: Week of March 3rd, 2019

Transplace

Billion by 2026 : According to a report by Acumen Research and Consulting, the size of the global supply chain analytics market is expected to be worth $10.7 billion by 2026, growing with 15.5% Transportation TIP List: Week of March 3 rd , 2019. Daylight Saving Time begins this upcoming Sunday, and despite losing an hour of sleep, our clocks will “spring forward” one hour to maximize some much-needed sunshine.

The (Potential) Value of Labeling in the Lithium Ion Battery Supply Chain

The UCLA Anderson Global Supply Chain Blog

1] Electric vehicle driven demand for lithium-ion battery raw materials such as cobalt and copper is expected to increase 10x by 2026. [2]. As such, our cost savings estimate only focused on differences in recovered material value from the time period of 2026 to 2040. Kevin Popper, Julia Navarro, Amelia Lanfrankie, and Felipe Caro. Demand for electric vehicles has risen dramatically alongside consumer concerns about greenhouse gas emissions.

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The Myths and Benefits of Using a 3PL: Evaluation Criteria to Consider

Turvo

report found that the global 3PL market would surpass $1,800 billion by 2026. Prior to the onset of the pandemic, the value of a third-party logistics provider (3PL) was increasing. According to Supply & Demand Chain Executive , a new Global Market Insights Inc.

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Why the Great Driver Shortage Is Now Top of Mind for Shippers & a Driver of a Capacity Crunch

Cerasis

In fact, the truck driver shortage is expected to double to 100,000 in the next five years, but other industry experts, reports Iris Kuo of Trucks.com , suggest actual worsening could be as high as 200,000 unfilled positions by 2026. The Great Driver Shortage was already starting to weigh on the minds of carriers and shippers early this year as experts predicted tightening capacity, said William B.

Retail Apocalypse Predicted to Continue

Enterra Insights

Howland reports, “[UBS] analysts’ best case estimate is for 75,000 stores to collectively shutter by 2026, if e-commerce penetration rises from today’s 16% to 25%.” In the grocery sector, “Some 7,000 grocery stores (or 8% of the base) ‘could close if grocery eComm penetration rises from 2% currently to 10%’ by 2026, while home improvement stores could shutter about 1,000, according to the report.”

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Catalog Management Systems market trends

Vinculum

The retail segment is likely to continue to flourish in the catalog management market between 2018 and 2026, followed by the e-commerce segment. According to Market sand Markets, the global catalog management systems market is likely to grow to USD 1,190.0

2021 Manufacturing Trends: Connecting Workers Will Be Key

IQMS

billion in 2026. 2021 manufacturing trends will be driven by the lessons learned in 2020.

Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

Despite ramped-up recruiting efforts, this number is expected to triple by 2026. Transportation is one of the world's largest industries and deeply influences how efficiently global supply chains are able to run. According to Plunkett Research, transportation revenues in 2017 reached over $1 billion in the U.S. alone. Globally, they stood at $4.8 trillion.

How IoT Improves Consumer Packaged Goods Value Chain

Savi

Driver Shortages: It is estimated that by 2026, the industry will be short 175,000 drivers. Many companies are already leveraging the power of the Internet of Things (IoT) to turn orders around in a day, deliver customized orders and replenish stocks in short order.

Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

Despite ramped-up recruiting efforts, this number is expected to triple by 2026. Transportation is one of the world's largest industries and deeply influences how efficiently global supply chains are able to run. According to Plunkett Research, transportation revenues in 2017 reached over $1 billion in the U.S. alone. Globally, they stood at $4.8 trillion.

Why has e-commerce grown so much and what you should be doing about it

Loginext

Here, the market is slated to reach $64 billion by 2020, $200 billion by 2026, and surpass the U.S The Southeast Asian region would grow at 32% CAGR, reaching about $88 billion by 2025, Indian shores have taken up e-commerce strongly. market by 2034.

Trucking Companies Are (Finally) Recruiting More Women

Elementum

If the trend continues, the ATA predicts the industry could fall short by 174,000 drivers by 2026. The American Trucking Association estimates that trucking companies are short by as much as 45,000 drivers. In light of this shortage, pressure has been mounting on carriers to reach out to untapped workforce pools in order to close the gap and keep supply chains moving. Now, trucking and logistics companies are trying to recruit more women to overcome growing driver shortages.

Key trends in the vitamin and supplement industry: 2021 report

Unleashed

By 2026, revenue is expected to reach GBP1.8 The vitamin and supplement industry manufactures and sells goods to support dietary requirements, including products to complement health and fitness regimes.

Manufacturing Operations Management – A Guide for Better Shop Floor Control

ThroughPut

billion in 2018 and this is expected to reach $15.21billion by 2026- this shows a CAGR growth rate of 9.5% from 2019 to 2026. What is Manufacturing Operations Management? Manufacturing Operations Management (MOM) is a long-term holistic solution that gives complete visibility into plant floor operations to help consistently improve manufacturing operations performance.

Manufacturing Operations Management – A Guide for Better Shop Floor Control

ThroughPut

billion in 2018 and this is expected to reach $15.21billion by 2026- this shows a CAGR growth rate of 9.5% from 2019 to 2026. What is Manufacturing Operations Management? Manufacturing Operations Management (MOM) is a long-term holistic solution that gives complete visibility into plant floor operations to help consistently improve manufacturing operations performance.

Manufacturing Operations Management – A Guide for Better Shop Floor Control

ThroughPut

billion in 2018 and this is expected to reach $15.21billion by 2026- this shows a CAGR growth rate of 9.5% from 2019 to 2026. What is Manufacturing Operations Management? Manufacturing Operations Management (MOM) is a long-term holistic solution that gives complete visibility into plant floor operations to help consistently improve manufacturing operations performance.

Truck Driver Shortage: Myth or Reality?

Talking Logistics

According to the American Trucking Associations, for example, there will be a shortage of 174,000 drivers by 2026 if current trends continue. For decades there has been a consistent narrative in the trucking industry about there being a driver shortage. However, a new study conducted by Stephen V. Burks and Kristen Monaco titled “ Is the U.S. labor market for truck drivers broken? ” (Monthly Labor Review, U.S.

Intelligent BOM Management Drives Manufacturing Success

Arena Solutions

billion in 2018, with estimated expansion at a CAGR of 7% through 2026, according to Grand View Research. Most manufacturing companies must rely on many supply chain partners to design and deliver products to their customers under budget and ahead of schedule. Dispersed teams must be able to easily access the latest product information anytime and anywhere.

Addressing Labor Shortages in Warehouse and DC Operations

NC State SCRC

The American Trucking Association expect a shortage of roughly 70,000 truck drivers in 2019, which will increase to 175,000 by 2026. A group of executive joined SCRC faculty and staff for a one-day workshop held on February 28, 2019. Companies represented included Advanced Auto Parts, John Deere, Hanes Brands, UPS, FHI, Lenovo, GSK, Altria, and UNC Healthcare.

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Collaborative Logistics’ Role in the Emergence of the Physical Internet

Material Handling and Logistics

When you consider that the driver shortage could exceed 174,000 by 2026, and that 70% of America’s freight is currently transported by truck, perhaps this argument is the most powerful one for breaking with convention and embracing an interconnected and multimodal freight sector with the physical Internet as its cornerstone. . Imagine moving cargo across continents as smoothly as computers process data.

Are We Building Our Supply Chains For Gen Z?

EV Cargo Technology

By 2026 Generation Z will overtake Millenials to become the largest consumer population (1). The Generation that regard being able to vote in the Brexit poll as an epochal moment, have Greta Thunberg as a role model and due to their online ability are known as “Digital-ites”(4). Digital-ites are soon to become the biggest retail spenders.

Are We Building Our Supply Chains For Gen Z?

EV Cargo Technology

By 2026 Generation Z will overtake Millenials to become the largest consumer population (1). The Generation that regard being able to vote in the Brexit poll as an epochal moment, have Greta Thunberg as a role model and due to their online ability are known as “Digital-ites”(4). Digital-ites are soon to become the biggest retail spenders.

Why Walmart is Paying Truckers Almost $90,000 a Year

Shipchain

Bob Costello, Senior Vice President of the American Trucking Associations, did a study and found that the shortage could be as significant as 175,000 by 2026. Near the end of 2018, Walmart announced it plans to raise trucker salaries to approximately $87,500. That is in stark contrast to the current median clocking in at roughly $44,281. Now if your first thought is to quit your job immediately and apply to drive for Walmart, I don’t blame you.

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The Expected Growth of Manufacturing Technology Investments!

Supply Chain Game Changer

The Bureau of Labor Statistics recently predicted manufacturing will be the only major occupational group that will experience a decline in the 10-year period from 2016 to 2026. Subscribe Here! Email Address. 4 Challenges in Starting and Sustaining a SIOP (S&OP) Business Process! Article written for Supply Chain Game Changer by Russ Davidson at Software Connect. Manufacturing technology helps power forward the industry into areas it has never been before.