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Why the Great Driver Shortage Is Now Top of Mind for Shippers & a Driver of a Capacity Crunch

GlobalTranz

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.

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Looking Back at Previous Capacity Crunches & How Shippers Responded

GlobalTranz

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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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

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.