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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-. The driver shortage hasn’t gone away. In 2018, the industry saw a shortage of roughly 60,800 drivers. And it’s not just truckload.
Enterprises that did not adapt to new trends faced the brunt of COVID-19 pandemic. This was majorly due to their inability to understand and adapt to the changing logistics trends. Welcome to 2022: Top 10 Supply chain logistics trends to watch out for 2022. – Statista, Size of reverse logistics market worldwide, 2020-2028.
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.
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.
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.
Market Trends for the HVAC Industry. HVAC has a constantly growing market – especially a growing global market as emerging economies ramp up construction and additional end-users emerge (such as data centers who need to keep their machines cool and ventilated). While demand is growing, so too is supply – and with it, distributors.
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? It is our job after all.
As we chug along into the first quarter of 2022, the trends we observed last year continue to play out. The impacts of these trends can be significant. 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.
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.
One of the more pervasive and troubling trends in shipping industry news is employment and staffing. According to the United States Department of Labor, employment in seafaring occupations is expected to decrease by roughly 2 percent until 2028. The industry has been improving its position as a result. Shipping Industry News: The Bad.
Shipping Industry News: The Bad One of the more pervasive and troubling trends in shipping industry news is employment and staffing. According to the United States Department of Labor, employment in seafaring occupations is expected to decrease by roughly 2 percent until 2028. The industry has been improving its position as a result.
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