Remove 2026 Remove Freight Remove Sourcing Remove Transportation
article thumbnail

Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

Transportation is one of the world's largest industries and deeply influences how efficiently global supply chains are able to run. According to Plunkett Research, transportation revenues in 2017 reached over $1 billion in the U.S. But issues surrounding labor and rising fuel prices pose real threats to the freight industry.

Freight 68
article thumbnail

Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

Transportation is one of the world's largest industries and deeply influences how efficiently global supply chains are able to run. According to Plunkett Research, transportation revenues in 2017 reached over $1 billion in the U.S. But issues surrounding labor and rising fuel prices pose real threats to the freight industry.

Freight 60
Insiders

Sign Up for our Newsletter

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

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. Air cargo refers to the transportation of goods via an air carrier, which may be charter or commercial. billion in 2026. billion in 2026.

Cargo 52
article thumbnail

How Mailroom Management Software Boosts Last Mile Logistics!

Supply Chain Game Changer

Although every part of a parcel’s journey from source to recipient has experienced increased congestion in the past few years, last-mile logistics suffers the most. In early 2020, online shopping increased 74% and projections point to the surge continuing up to 200 billion packages annually by 2026.

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK.

article thumbnail

Addressing Labor Shortages in Warehouse and DC Operations

NC State SCRC

The shortage of workers is causing companies to look at non-traditional sources, including individual with a criminal record. Freight rates are on the rise, and there are signs that the shortage are unlikely to abate. What is the current landscape for workers? Lawmakers in the Senate and House introduced on Feb.

DC 40
article thumbnail

Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

Billion by 2026, growing at a CAGR of 9.28% from 2019 to 2026. Transportation activities (aviation, rail, shipping, heavy and light trucking) are responsible for approximately 17% of global greenhouse gas (GHG) emissions. – Boston Consulting Group, Climate Action Pays Off in Transportation and Logistics, July 2020.