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By integrating Nauto’s AI-powered Video Event Data Recorder (VEDR) solution with Beans.ai’s precision location data and micro-routing technology, the collaboration offers a comprehensive solution tailored to meet the needs of last-mile deliveries, including VEDR compliance. Nauto and Beans.ai
Determining the current state of shipping industry news is similar to looking into a Magic 8 Ball – when you shake it and the water settles, the message says, “Future Remains Uncertain.” Shipping Industry News: The Good. The good news is that the shipping industry is doing better than expected.
With the official departure from the European Union on 31st January 2020, followed by subsequent negotiations and agreements, the impacts continue to reverberate throughout the industry, raising questions about its future trajectory.
In 2018, the industry saw a shortage of roughly 60,800 drivers. According to American Trucking Association, if current trends hold, the shortage could increase to over 160,000 drivers by 2028. There are options of searching this by multiple data points-. Capacity will always be something that we talk about. Call or email today.
Determining the current state of shipping industry news is similar to looking into a Magic 8 Ball – when you shake it and the water settles, the message says, “Future Remains Uncertain.” Shipping Industry News: The Good Let’s start this update on the most positive note.
We can see that new IoT technologies and big data analysis makes it possible to change the maintenance strategy for time-based to predictive maintenance, as we get a much better assessment of the health of the assets,” he said. Some of the data will come through existing reports, inspections and blueprints.
Freight is one of the most essential industries in the United States, and according to the US Freight Transportation Forecast publication conducted by the American Trucking Association (ATA) , it’s going to continue growing over the next decade. billion tons by 2028, a 36.6 billion tons by 2028, a 36.6 The Growing AI Market .
Tesco to roll out fully electric fleet by 2028 after partnering with EO. The timing is particularly bad, with the shipping industry already facing congested supply lines that are delaying deliveries of clothes and toys for the year-end holidays. Stop & Shop kicks off Express delivery. Lead times for chips have surged.
billion in 2020, the cold chain market is expected to reach more than $628 billion in 2028, nearly tripling its growth in less than ten years, according to a market analysis report by Grand View Research. Valued at nearly $210.49 Take tracking produce, for example. Temperature-sensitive products beyond food also rely on traceability.
More Resources Home October 31, 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. Europe weekly prices climbed 11% to $4.30/kg.
Fortune Business Insights predicts that the Smart Infrastructure Market will reach US$434.16bn by 2028, and the leaders that are spearheading this shift will be at Manifest. There is clearly no slowing down of these bottlenecks and Manifest will address the major pain points (and solutions) disrupting the industry.
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.
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. Descartes allows businesses to consolidate and manage supply chain data. triillion in 2022 to $1.6
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.
Current trends point to the shortage growing to over 160,000 drivers by 2028. In addition, a recent ATRI analysis of census data on employment sectors shows that the trucking industry has the lowest percentage of young entrants and the highest percentage of aging workforce entrants. FLEXIBILITY.
Fortune Business Insights predicts that the Smart Infrastructure Market will reach US$434.16bn by 2028, and the leaders that are spearheading this shift will be at Manifest. There is clearly no slowing down of these bottlenecks and Manifest will address the major pain points (and solutions) disrupting the industry.
Warehousing has been hit harder than other industries. In addition to quicker order processing times and more efficient picking processes, 3PL warehouses are now required to have more connected systems to manage orders and data. There is also a growing need for cold storage in the pharmaceutical industry. But 3PLs need workers.
But whichever option fleet managers opt for, they should consider the industry's economic climate and how that might affect their decision. To put it in perspective, the American Trucking Associations estimated that the number of drivers needed by 2028 will increase by 2.5 times – that's roughly 160,000 drivers.
The study continues to find that shippers and their 3PL partners are developing a much greater awareness and synchronicity of goals, as well as how data sharing and new technology can help them advance those goals. The logistics and freight industry is in a state of flux currently. Current Global Market Challenges.
from 2021 to 2028. Therefore, before deciding on a particular solution, you should assess and specify the following: Interface: make sure that the WMS of your choice can be integrated into your existing management systems without requiring manual data entry and the like. 6 – Manage Your Labour and Processes.
Ideally, data from your transportation management system, external fleets, WMS and other systems – across every touchpoint and interaction – should be consolidated and managed from a single platform to ensure the optimal visibility, and give leadership the insights they need to make better decisions regarding resources and teams.
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?
As we report in these pages, at the 2018 IAA Commercial Vehicles show held in Hannover in September, Thermo King and Frigoblock introduced a series of truck and trailer innovations harnessing the power of electricity, data and clean technology and presented their vision of a city of the future – Thermotopia.
Bureau of Labor, companies are expected to hire an additional 32,600 equipment operators by 2028. . What a “data plate” is and how to read one. The post How to Get Your Forklift License: The Ultimate Guide [New in 2020] appeared first on Conger Industries Inc. According to the U.S. What do I need to study?
Additionally, AI is reshaping energy demand, as the rising energy needs of data centers could delay coal plant retirements and increase LNG demand, posing challenges for clean energy transitions. The planemaker faces competition from Airbus, which plans to increase production of its A350 to 12 per month by 2028.
has imposed a 25% tariff on foreign-made cars, likely driving up vehicle prices and disrupting the automotive industry. The automotive industry will likely see significant disruptions, with potential price increases of $5,000 to $10,000 per car, depending on the make and model. Meanwhile, Johnson & Johnson is investing $5.5
has imposed a 25% tariff on foreign-made cars, likely driving up vehicle prices and disrupting the automotive industry. The automotive industry will likely see significant disruptions, with potential price increases of $5,000 to $10,000 per car, depending on the make and model. Meanwhile, Johnson & Johnson is investing $5.5
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