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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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3 ways retail warehousing impacts profitability

6 River Systems

With online retail penetration projected to reach 25% by 2026, that means 75,000 stores could be forced out of business by that same year. With brick-and-mortar retailers closing their doors, smart companies are leveraging this prime real estate to gain much-needed warehouse capacity in ideal locations. In a survey of 2,500 U.S.

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Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

A growing global warehouse capacity crunch. Moreover, with this year’s harvest imminent, there will be no silo capacity to store the fresh grain if diplomatic efforts to clear the backlog fail. However, emptying the contents of silos into the holds of ships is only one small part of the problem. The grain blockaded in Ukraine.

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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. This report, available for purchase here , poised some significant implications for the shipping, and by direct correlation, the logistics industry. percent by 2026. Now, you may be wondering how this will affect the overall revenue of the freight and shipping industry.