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.

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%.

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

Do Shippers Contribute to Driver Retention?

PLS Logistics

According to the American Trucking Association (ATA), the driver shortfall will grow to more than 175,000 by 2026 if the trends don’t change. The driver shortage is a complex issue caused by a variety of factors. Shippers Driver Shortage Drivers carrier

Trends 109

How Will Shippers Meet Growing Demand?

PLS Logistics

The American Trucking Association (ATA) recently released a freight transportation forecast, predicting growth through the year 2026. According to Forecast , overall freight tonnage will grow 25.5% from 2013 to 2025 and freight revenues will surge 72%. 3PL Optimization Shipping Transportation Spend

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.

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.

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 Taxing Automation is a Bad Idea

Talking Logistics

The ATA estimates the shortage could reach 50,000 by the end of 2017 and could even grow to 176,000 by 2026.

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.

Where Have The Drivers Gone?

AFFLINK

According to another recent report from the American Trucking Association , the shortage of drivers was expected to hit 50,000 by the end of 2017 - a trend that equates to more than 174,000 drivers by as soon as 2026.

Looking Back at Previous Capacity Crunches & How Shippers Responded

Cerasis

Also, the driver short has continually grown worse for the last eight years, and it is expected to continue through 2026, asserts Iris Kuo of Trucks.com. Some of the tightest of the previous capacity crunches have occurred within the last two decades.

Transportation Innovation 2018

EFT

Material handling and logistics forecasts that as soon as 2026 90% of new vehicles will be autonomous. Tompkins International (Tompkins) recently led a two-hour workshop on logistics technology innovations.

Collaborative Logistics’ Role in the Emergence of the Physical Internet

Material Handling & Logistics

Imagine moving cargo across continents as smoothly as computers process data. It may seem impossible today, but the physical Internet could be embedded into freight supply chains by 2050. Today, the physical Internet is an amorphous construct, with its scope and limits undefined.

Truck Driver Shortage: Getting Better, Worse, or No Problem at All?

Talking Logistics

In the report, ATA projects the shortage to reach 50,000 by the end of 2017 and if current trends hold the shortage could grow to more than 174,000 by 2026. This past October, the American Trucking Associations warned that the trucking industry could be short 50,000 drivers by the end of 2017.

The Future Is Now for Logistics

Material Handling & Logistics

If things don't change, and we continue up this progression, by 2026, we will be at 170,000 drivers short. The capacity crunch and technology are reshaping ?the the supply chain.

A vision for a transparent global Rare Earth Element system using blockchain technology

Provenance

It is forecasted that by 2026, demand will mainly be linked to the rise in clean energy technology, in particular for neodymium-iron-boron (NdFeB) magnets –– critical components for electric and hybrid vehicles as well as wind turbines.

Who’s Moving Freight in the Next Generation?

3PL Insights

The sheer size of freight being carried around the country is expected to expand nearly 29 percent by 2026. In the upcoming years, the face of transportation and truck drivers will have transformed. But drivers aren’t getting any younger, and new drivers aren’t getting behind the wheel.

Amazon vs. Flipkart: The Race to Dominate Indian E-Commerce

Elementum

the Indian e-commerce market is estimated to reach $200 billion by 2026. Indian e-commerce company Flipkart is in fierce rivalry with Amazon over the country's online retail market. Both have unique advantages, but the true test will be which company can best tailor its offerings to the Indian consumer’s palate. Amazon has comfortably dominated America’s e-commerce market for years, but the Indian market is still uncertain ground.

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Changing the Laws of Logistics

GTG Technology Group

Trucking industry experts predict that by 2026, the current shortage of about 60,000 drivers will triple unless something changes. The DRIVE-Safe Act: What You Need to Know. In March 2018 lawmakers proposed HR5358 , known as the DRIVE-Safe Act, to Congress. Should it pass into law, this act would result in monumental changes to the trucking industry. Specifically, it proposes a solution to the massive truck driver shortage that’s currently impacting the nation’s economy.

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.

Time to Reimagine STEM Education from Bottom to Top

Enterra Insights

The Executive Summary of the American Institutes for Research “ STEM 2026 ” report states, “The complexities of today’s world require all people to be equipped with a new set of core knowledge and skills to solve difficult problems, gather and evaluate evidence, and make sense of information they receive from varied print and, increasingly, digital media.

Musk's Electric-Car Vision Doubted by Major Auto-Parts Suppliers

Material Handling & Logistics

won’t reach price parity with traditional gasoline engine-powered SUVs until 2026, Bloomberg New Energy Finance estimated in its Long-Term Electric Vehicle Outlook.

The Future of Retail Supply Chain: What’s in Store?

Logistics Bureau

While talking technology, retail companies will need plenty of it to meet the challenge of last mile distribution in 2026 and beyond. The world of retail has never seen the degree of change that’s being experienced today. Through the rapid growth of digital technology, consumers have acquired the power to demand what they want, not only when, but where they want it.