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

Cerasis

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. 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.

Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

Today, trucking, shipping, air shipping, and other logistics services are all experiencing disruption: As consumer expectations evolve, businesses are constantly pressured to deliver high-quality goods in the shortest amount of time. But issues surrounding labor and rising fuel prices pose real threats to the freight industry. Despite ramped-up recruiting efforts, this number is expected to triple by 2026. Technology Comes to the Aid of Freight Companies.

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Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

Today, trucking, shipping, air shipping, and other logistics services are all experiencing disruption: As consumer expectations evolve, businesses are constantly pressured to deliver high-quality goods in the shortest amount of time. But issues surrounding labor and rising fuel prices pose real threats to the freight industry. Despite ramped-up recruiting efforts, this number is expected to triple by 2026. Technology Comes to the Aid of Freight Companies.

How Will Shippers Meet Growing Demand?

PLS Logistics

The American Trucking Association (ATA) recently released a freight transportation forecast, predicting growth through the year 2026. According to Forecast , overall freight tonnage will grow 25.5% from 2013 to 2025 and freight revenues will surge 72%. 3PL Optimization Shipping Transportation Spend

Transportation TIP List: Week of March 3rd, 2019

Transplace

Likewise, this week’s TIP List has a particularly bright outlook; including news on the growing freight business and the projected increase to the size of the global supply chain analytics market. billion by 2026, growing with 15.5% Transportation TIP List: Week of March 3 rd , 2019.

Collaborative Logistics’ Role in the Emergence of the Physical Internet

Material Handling and Logistics

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.

Shipping Hemp: Putting the “High” in Highway

Freight Center

billion by 2026 and strong hemp growing seasons ahead, there’s plenty of hemp that’ll need to get from point A to point B. Challenges of Shipping Hemp. As you can imagine, the process of shipping hemp hasn’t been a walk in the park. Finding the right carrier to ship hemp can be a challenge. Partnering with a freight broker like FreightCenter provides stability and peace of mind when shipping your niche products. Get your custom shipping solutions today.

Looking Back at Previous Capacity Crunches & How Shippers Responded

Cerasis

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.

Addressing Labor Shortages in Warehouse and DC Operations

NC State SCRC

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. One facility has low turnover and one has higher turnover – we see a real difference in slower productivity, more shipping errors, and less continuous improvement going on.”.

DC 40

Hemp Hauling: A Whole New Adventure

Freight Center

billion by 2026 and strong hemp growing seasons ahead, there’s plenty of hemp that’ll need to get from point A to point B. Challenges of Shipping Hemp. As you can imagine, the process of shipping hemp hasn’t been a walk in the park. Finding the right carrier to ship industrial hemp can be a challenge. Partnering with a freight broker like FreightCenter provides stability and peace of mind when shipping your niche products.

Idaho 45

Truck Driver Shortage: Getting Better, Worse, or No Problem at All?

Talking Logistics

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.”.

The Future Is Now for Logistics

Material Handling and Logistics

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. The capacity crunch and technology are reshaping ?the