Remove 2026 Remove 2030 Remove Procurement Remove Transportation
article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Increased Shipping Costs, Delays, and Transportation Issues. In December 2022, The United States Department of Transportation awarded grants totaling over $241 million to support ports. ( Department of Transportation ). Associated Builders and Contractors).

article thumbnail

Five Advanced Technologies That Are Revolutionizing Logistics

Logistics Viewpoints

With gasoline prices reaching record highs , transportation managers must make smarter decisions that minimize road miles and associated costs. They enable logistics teams to identify disruptive events such as transportation roadblocks, missed incoming deliveries, asset downtime and labor shortages. billion in 2020 to $15.79

article thumbnail

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. Get in touch here. Introduction. The demand for Rare Earth Elements (REEs) is increasing.