article thumbnail

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

GlobalTranz

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. It is the top concern for shippers, and you need to know what it means for the capacity crunch. Over the last four years, trucker wages and benefits have risen 7.6

Capacity 122
article thumbnail

Breaking- Dave Clark Announces Departure From Flexport

Supply Chain Matters

Supply Chain Matters This Week in Supply Chain Tech highlights breaking news that Dave Clark has unexpectedly resigned as CEO of digital freight technology services provider Flexport. There are two breaking news developments regarding supply chain management technology providers, one being rather surprising.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

This Week in Logistics News (April 24 – 30)

Logistics Viewpoints

Applications are due by July 2021, with the program looking to reduce deforestation between 2022 and 2026. Increased demand for consumer goods, especially as the pandemic has lingered on, are exacerbating the capacity crunch. According to the American Trucking Association (ATA), almost 75 percent of all freight is transported by truck.

article thumbnail

Looking Back at Previous Capacity Crunches & How Shippers Responded

GlobalTranz

Some of the tightest of the previous capacity crunches have occurred within the last two decades. In the aftermath of Hurricane Katrina, capacity hit a breaking point. 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.

article thumbnail

Smaller cities become new hubs in the Indian warehousing landscape.

20Cube Logistics

The space requirement for warehousing is expected to reach 483 million square feet by 2026, growing at 12.77% CAGR. Markets such as Coimbatore, Patna, Surat, Lucknow and Ludhiana have shown promising growth with the support of industrial freight corridors and government policies. . India’s warehousing market, currently $12.2

article thumbnail

Running Seamless 3PL Operations in the Midst of Supply Chain Chaos

Turvo

trillion by 2026 due to the COVID-19 epidemic. Collaborative Transport Management Systems (CTMS), Warehouse Management Systems, freight monitoring, and customer service will help eliminate operational inefficiencies and delays and enhance ROI with the more innovative, reliable 3PL offering. Request a Turvo Demo. .

3PL 87
article thumbnail

Air Cargo is Gaining Momentum in 2023

American Global Logistics

Air freight has evolved dramatically, especially after the pandemic. Since then, air freight has adapted to various market demands and technological advancements. 2023 Air Freight Industry Analysis Air freight is a vital part of the global economy. The largest air freight carriers in the world are FedEx, UPS, and DHL.

Cargo 52