Transportation Innovation 2018

EFT

Tompkins International (Tompkins) recently led a two-hour workshop on logistics technology innovations. A China locker company has developed an innovative technology that will have AGV or drones place parcel packages in lockers.

Retail Apocalypse Predicted to Continue

Enterra Insights

Howland reports, “[UBS] analysts’ best case estimate is for 75,000 stores to collectively shutter by 2026, if e-commerce penetration rises from today’s 16% to 25%.” In the grocery sector, “Some 7,000 grocery stores (or 8% of the base) ‘could close if grocery eComm penetration rises from 2% currently to 10%’ by 2026, while home improvement stores could shutter about 1,000, according to the report.”

Retail 100

Why Taxing Automation is a Bad Idea

Talking Logistics

In our research at Kenco Innovation Labs, we don’t think the number will be quite this high, but like McKinsey, we are in full agreement automation will certainly contribute to significant job loss. Matt McLelland is Innovation Research Manager at Kenco Group.

Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

Despite ramped-up recruiting efforts, this number is expected to triple by 2026. Transportation companies are now tasked with holding up these safety standards, while finding new and innovative ways to boost efficiency. 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. alone. Globally, they stood at $4.8

Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

Despite ramped-up recruiting efforts, this number is expected to triple by 2026. Transportation companies are now tasked with holding up these safety standards, while finding new and innovative ways to boost efficiency. 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. alone. Globally, they stood at $4.8

The Future Is Now for Logistics

Material Handling & Logistics

The CSCMP researchers believe this is a short-term issue that will be solved by higher driver pay and the advent of technological innovations like driverless trucks. If things don't change, and we continue up this progression, by 2026, we will be at 170,000 drivers short.

Tectonic Shift: From Audits/Compliance to Due-diligence & Collaboration: Recap of the Forum on UK Modern Slavery

EcoVadis

The Institute for Human Rights in Business ihrb.org has set a goal to eradicate worker fees by 2026, through the “employer pays” initiative.

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

Talking Logistics

In the report, ATA projects the shortage to reach 50,000 by the end of 2017 and if current trends hold the shortage could grow to more than 174,000 by 2026. The only way to solve the driver shortage problem is through innovation,” I argued. “It’s

The Future of Retail Supply Chain: What’s in Store?

Logistics Bureau

Over the next 10 to 15 years, these “multichannel” leaders will need to innovate, if for no other reason than to take the expense out of playing the multichannel game. For that very reason, innovation will be a constant quest for retail supply chain owners over the next decade or so, with three primary areas of focus likely to be: Multi/Omni-channel supply. Innovation in cloud computing is still on.

Who’s Moving Freight in the Next Generation?

3PL Insights

Companies must find innovative, interesting ways to appeal to tomorrow’s drivers. The sheer size of freight being carried around the country is expected to expand nearly 29 percent by 2026. In the upcoming years, the face of transportation and truck drivers will have transformed.

A vision for a transparent global Rare Earth Element system using blockchain technology

Provenance

It is forecasted that by 2026, demand will mainly be linked to the rise in clean energy technology, in particular for neodymium-iron-boron (NdFeB) magnets –– critical components for electric and hybrid vehicles as well as wind turbines.

Time to Reimagine STEM Education from Bottom to Top

Enterra Insights

The Executive Summary of the American Institutes for Research “ STEM 2026 ” report states, “The complexities of today’s world require all people to be equipped with a new set of core knowledge and skills to solve difficult problems, gather and evaluate evidence, and make sense of information they receive from varied print and, increasingly, digital media.