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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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3 ways retail warehousing impacts profitability

6 River Systems

With online retail penetration projected to reach 25% by 2026, that means 75,000 stores could be forced out of business by that same year. of consumers surveyed cited speed as the most important factor related to shipping, and 28.6% of all warehouse space available in the first quarter of 2020, according to Statista.

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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. In response, shippers are devoting larger portions of the education budgets to shipping directly to consumers. Gross of the Journal of Commerce (JOC).

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Only as Good as Your Data: Why Supply Chain Digital Twins Require Real-Time Data Unification

ToolsGroup

A digital twin would give every decision-making team a better understanding of how to handle that new ship-from-store policy and help manage fulfillment through multiple and varied channels. In fact, it’s expected that more than 90% of IoT platforms will utilize some aspect of digital twins by 2026.

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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. This report, available for purchase here , poised some significant implications for the shipping, and by direct correlation, the logistics industry. percent by 2026. Now, you may be wondering how this will affect the overall revenue of the freight and shipping industry.

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Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

However, emptying the contents of silos into the holds of ships is only one small part of the problem. As part of the export deal , Vladimir Putin’s forces must maintain a truce with Ukraine in the vicinity of the ports to allow ships to arrive and depart and be guided through mined waters by Ukrainian pilots.

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What is Last-Mile Tracking and How it Improves Delivery Efficiency

Locus

Watch this webinar to deliver exceptional customer experiences! Watch the Webinar What is last-mile tracking? The benefits of last mile tracking As the last-mile delivery market is projected to grow at a CAGR of 14.78% between 2021 and 2026, investing in technologies that meet customers’ increasing demands is crucial.