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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

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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.

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

GlobalTranz

Freight Transportation Forecast to 2026. Take a look at some of the specifics of the Freight Forecast and how shippers may adapt to the coming increases. Vitals of the Freight Forecast. Some of the highlights of the Freight Forecast include a dramatic increase of 28.6 percent by 2026. percent by 2026.

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Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

A growing global warehouse capacity crunch. For instance, the hangover from the pandemic, which has not yet permitted ocean freight from China to return to anything like normal service, is a problem that continued COVID outbreaks and associated port closures are exacerbating. Warehouse Capacity Under Pressure.