Logistics Viewpoints

APRIL 30, 2021

Applications are due by July 2021, with the program looking to reduce deforestation between 2022 and 2026. According to the American Trucking Association (ATA), almost 75 percent of all freight is transported by truck. A lack of drivers is causing delays which is part of the reason deliveries are starting to cost consumers more.

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Supply Chain Brain

SEPTEMBER 7, 2023

The 4,200 car equivalent unit (CEU) dead freight pure car and truck carriers (PCTC) will be delivered by Fujian Mawei Shipbuilding by 2026.

Freight 105

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20Cube Logistics

MAY 29, 2022

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

Warehousing 68

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Operations and Supply Chain Management

SEPTEMBER 12, 2022

STATE OF FREIGHT. The road freight industry has a big problem. This equates to more than a fifth (21.2%) of the total distance traveled by road freight in the bloc last year, up from 20% in 2020. Rates for European contract freight rose 6.1 Rates for European contract freight rose 6.1 Lucy Handley @LUCYHANDLEY.

Cost Reduction Strategies 52

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GlobalTranz

SEPTEMBER 9, 2019

As noted by Freight Waves, e-commerce will contribute to the delivery of more than 100 million parcels per day by 2026. Every shipper is actively engaged in the process of refining final mile services, offering customers new delivery options, such as buy online pick up in-store (BOPIS), and same-day delivery to the residence.

Transportation Management 155

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Supply Chain Game Changer

SEPTEMBER 16, 2021

In early 2020, online shopping increased 74% and projections point to the surge continuing up to 200 billion packages annually by 2026. Mailroom management software offers residential properties the ideal solution for handling increased volume while boosting tenant satisfaction in a big way.

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Intelligent Audit

APRIL 28, 2022

And these trends have held out over the past two years as e-commerce remains a booming industry and shipping and freight network transportation demands from consumers also remain higher than ever. . Freight contracts is the legal agreement established by two or more parties. Summary of Legal Terms for International Parcel Shipping. ?International

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GlobalTranz

NOVEMBER 28, 2017

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. Drivers Have the Bargaining Power to Demand Higher Wages, Better Treatment, and More.

Capacity 122

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Savi

OCTOBER 29, 2019

Driver Shortages: It is estimated that by 2026, the industry will be short 175,000 drivers. Given that most freight is transported over the road, this is a serious concern. Plagued with driver shortages, theft, and delays, transportation undermines results from all other cost initiatives.

Packaging 45

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Cathy Roberson

MARCH 21, 2022

A Pitney Bowes study forecasts ecommerce shipments to double by 2026 and that 90% of US consumers expect free two-to-three-day shipping. It also shifts the last-mile technology competition to Google, Microsoft, and other large cloud-based API providers. But, more importantly, Google seems to understand the importance of consumer experience.

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Elementum

JANUARY 23, 2018

If the trend continues, the ATA predicts the industry could fall short by 174,000 drivers by 2026. They’ve since been struggling to meet increasing demand for freight transport. Now, trucking and logistics companies are trying to recruit more women to overcome growing driver shortages.

Company 100

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Turvo

AUGUST 20, 2020

report found that the global 3PL market would surpass $1,800 billion by 2026. Knowing what you want and need from a 3PL ahead of time will help you focus on what’s right for your company’s needs and reduce barriers to freight technology adoption. According to Supply & Demand Chain Executive , a new Global Market Insights Inc.

3PL 55

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GlobalTranz

SEPTEMBER 4, 2019

Accounts of e-commerce growth permeate the Internet, and some expect more than 100 million parcels to be delivered daily by 2026. E-commerce is an industrial atomic bomb. This creates a level.read More.

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AFFLINK

FEBRUARY 13, 2018

Not only does this exacerbate the shortage as there are fewer drivers hauling larger amounts of freight, but it also leads to massive supply chain issues like product shortages, extended delivery delays, and (ultimately) higher prices. Those "things" need to be transported via truck, yet the industry lacks the capacity to do so.

Military 54

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3PL Insights

JANUARY 12, 2018

The sheer size of freight being carried around the country is expected to expand nearly 29 percent by 2026. The post Who’s Moving Freight in the Next Generation? While millennials want stability in a position along with opportunities for advancement, they’re simply not looking to truck driving as a way to fill that need.

Freight 49

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Cathy Roberson

JANUARY 3, 2022

By 2026, the US domestic parcel market is expected to reach 134 million pieces, a 70% increase from 2020, according to FedEx. Meanwhile, the US domestic B2B market will grow at a 5% CAGR through 2026. The last mile will be under intense scrutiny this year as retailers look to reduce costs while managing even more deliveries.

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Ware2Go

APRIL 18, 2022

Grocery was one of the fastest growing ecommerce segments in recent years and is projected to make up 20% of ecommerce by 2026. Walmart can support same-day home delivery (which it offers for free for Walmart+ subscribers) – or it can allow in-store pickup, which became a wildly popular fulfillment option in 2020.

Network Optimization 59

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GlobalTranz

DECEMBER 11, 2017

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. Increased Freight Rates Can Tone Down Capacity Crunches. Freight consolidation is the ultimate solution to any capacity crunch. Modern Technology Reduces Work for Carriers.

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Logistics Viewpoints

MAY 9, 2022

Southwest’s customers include consumers, business travelers, and shippers that use the belly of passenger planes to move freight. Velocys is building a new biorefinery in Mississippi that is scheduled to begin commercial delivery of fuel in 2026. Many corporations have their own sustainability programs.

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NFI Industries

AUGUST 23, 2016

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. Whether you are a driver who takes on long hauls over the road or runs frequent dedicated routes, drivers help sustain life and make the world go round. READ MORE.

United States 60

United States Freight Sustainability 60

NC State SCRC

MARCH 4, 2019

Freight rates are on the rise, and there are signs that the shortage are unlikely to abate. The American Trucking Association expect a shortage of roughly 70,000 truck drivers in 2019, which will increase to 175,000 by 2026. What is the current landscape for workers? Lawmakers in the Senate and House introduced on Feb.

DC 40

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ToolsGroup

APRIL 1, 2022

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. At the end of 2021, ocean freight rates were more than three times what they were throughout 2020. In November 2021, global air freight traffic (measured in tonne-kilometres) saw a 3.7% Bloomberg).

Material Savings 207

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GlobalTranz

JULY 7, 2021

Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding.”. It includes brokerages and freight forwarders, but there comes a point at which simply outsourcing to a single 3PL or even several 3PLs grows too complex to handle. Billion by 2026.

3PL 210

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Locus

DECEMBER 22, 2021

Billion by 2026, growing at a CAGR of 9.28% from 2019 to 2026. The World Economic Forum’s report on the “future of the last-mile ecosystem” states that 85% of delivery mileage from freight delivery are majorly responsible for emissions and congestion driven by commercial vehicles. Emphasis on driver recruitment and retention .

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GlobalTranz

JULY 31, 2015

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.

Forecasting 120

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Talking Logistics

DECEMBER 18, 2017

We experienced a ‘freight recession,’ last year, which eased the pressure on the driver market,” [ATA Chief Economist] Bob Costello said. Now that freight volumes accelerating again, we should expect to see a significant tightening of the driver market.”.

Forecasting 105

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Logistics Viewpoints

JANUARY 6, 2023

Any earn-out is expected to be paid in fiscal 2025 and fiscal 2026. But as opposed to the parcel carriers that transport the small packages purchased through typical e-commerce orders, those large items are hauled over the last mile by 3PLs with fleets of independent contractors and freight brokerage operations.

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Logistics Viewpoints

MARCH 31, 2022

For logistics teams seeking to manage volatility and deliver more predictable, profitable results, five advanced technologies should be in their toolkits: digital control towers, warehouse task automation, warehouse robotics, dynamic price discovery and digital freight bidding. Digital Freight Bidding. billion in 2020 to $15.79

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Freight Plus

JANUARY 3, 2018

3PLs are going to have to adapt to new service models and embrace them by offering data/freight management solutions instead of transactional rate negotiations. As we covered in part 3 of this blog series, there are a number of inherent problems that limit the types of freight that can be uberized. Regional Carriers. Conclusion.

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Turvo

MARCH 15, 2022

trillion by 2026. . After a period of relative peace in the freight markets for two to three years, the last couple of years has all been about turbulence. Turvo’s customers include Fortune 500 logistics service providers, shippers, and freight brokers. 3PLs have been the global economy’s engine in the new normal.

3PL 68

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Logistics Viewpoints

JUNE 3, 2022

A strong uptake in collaborative robot usage within the medical, education, logistics, and catering fields will likely drive that market to grow to three times its 2021 size by 2026. After all, trucks move 70 percent of all freight in the US from transporting goods on land to those that come off a cargo ship or a train.

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Logistics Bureau

JULY 25, 2022

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. Then there is the Russian blockade of Ukrainian ports with which carriers must contend. increase in wages.

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Logistics Viewpoints

MARCH 22, 2024

commercial truck fleet would require nearly $1 trillion in infrastructure investment alone, according to a new report from Roland Berger released today by the Clean Freight Coalition. The $2,500 spread between spot market rates and long-term freight contract rates for Asia to U.S. And now on to this week’s logistics news. in January.

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Material Handling & Logistics

JANUARY 22, 2018

It may seem impossible today, but the physical Internet could be embedded into freight supply chains by 2050. Many already believe that freight exchange platforms, dedicated to maximizing payload efficiency and reducing empty miles, have a role to play in making this vision a reality.

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Logistics Viewpoints

OCTOBER 27, 2023

There’s a mandate in place for full electrification by 2026. West coast container imports rose in September as California ports continue to win back business lost when nervous importers rerouted freight flows to Gulf and East coast ports during a series of worker strikes in June.

South Korea 219

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Material Handling & Logistics

AUGUST 14, 2018

But some Class 1 railroads, CSX in particular, are cutting back on intermodal service to favor more profitable freight. If things don't change, and we continue up this progression, by 2026, we will be at 170,000 drivers short. Rail intermodal, a natural alternative to trucking, is seeing strong increases in traffic.

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Logistics Viewpoints

FEBRUARY 24, 2023

The retailer plans to have at least 15 of the facilities, dubbed sortation centers, by the end of January 2026. Speaking of electric semis, Uber Freight , WattEV and CHEP have announced a strategic, joint effort to deploy electric trucks on select routes in Southern California. The expansion will also grow Target’s workforce.

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