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By 2028, robots could be running warehouses and fully automated facilities will be the norm rather than the exception. By 2028, offshore production could all but be eradicated. Besides delivery of pizzas and parcels, larger drones may be carrying heavier freight to remote areas by 2028. The robotic revolution is upon us!
So I’ve decided to indulge my craving by daring to speculate about what the supply chain of 2028 might look like. The world may not quite be ready for the latter, but a lot can change physically, economically, scientifically, and politically between now and 2028. It’s Mostly About Automation. Robots Run the Warehouse.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. On the industry level, overcapacity is estimated to peak next year, after which some carriers expect the market to balance out , while some analysts expect the market to be in some state of oversupply through 2028.
trillion by 2028, clocking a 2.4% It’s a bonanza for industries like retail, e-commerce and other such logistics-based industries, but, as always, growth comes with its share of thorny challenges. The North America logistics market is poised to make the leap from a whopping $1.4 triillion in 2022 to $1.6
Blog " * " indicates required fields Email * More Resources Home June 21, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
Market Trends for the HVAC Industry. The HVAC industry is unforgiving to distributors who are not on top of their game. The HVAC industry is already highly competitive and is predicted to grow 13% through 2028. Inventory Challenges for HVAC Industry. Seasonality.
2021 may not be a year for the logistics industry to cherish, but it was a year filled with a lot of takeaways. Logistics industry was experiencing capacity constraints, driver shortages, sudden upticks in e-commerce demand, new technologies, different fulfillment models , delays, port congestions, canal blockage etc. Rewind to 2021!
It is a topic of daily discussion at every industry trade show and conference, while also getting a ton of attention in the form of commentary or data being issued fairly frequently. highways, as per the ATA’s Freight Transportation Forecast 2017 to 2028, which was released in 2017. Why wouldn’t it be either?
Let’s look at five trends going on in the cold chain industry. A big trend in the food industry has been a demand for fresher and higher-quality products. As we’ve stated in our Shipping Pharmaceuticals blog, cold chain logistics play significant role in the pharmaceutical supply chain. percent from 2021 to 2028.
The Food Industry in 2021 will see new highs in sales, with a growth of 3.7% For the US Trucking Industry, Costello sees a very robust marketplace in 2021. The driver shortage is expected to be 105,000 by 2023 and possibly 160,000 by 2028. For trucking, this construction increase will suck up truck capacity in 2021.
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