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This estimate is according to responses provided by 83 percent of the manufacturing executives who participated in a survey conducted as part of an industry study by the Manufacturing Institute and Deloitte Consulting LLP. Indicators are that the worker deficit could rise to over 2 million unfilled jobs in the next decade. Skills Shortages.
In short, Chrencik’s outlook is similar to what many industry analysts and economists are saying at the moment: another transportation perfect storm is forming, similar or perhaps worse than what the industry experienced in 2004, so you better start preparing today if you want to weather it successfully. be a “Shipper of Choice”).
Certainly, there have been other periods of time when “perfect storm” conditions have existed in the market, leading to tight capacity and rate increases — such as in 2004, when the new (at the time) Hours of Service rules went into effect, coupled with strong GDP growth, high fuel prices, and the ever-present driver shortage.
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