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Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. The manufacturing industry has seen challenges, from changes in the way people work to the rapid growth in demand, with many of these challenges accelerated by the recent covid-19 pandemic.
By 2028, robots could be running warehouses and fully automated facilities will be the norm rather than the exception. This weaning away from overseas production will take place in parallel with a growing trend towards moving sources closer to domestic markets. By 2028, offshore production could all but be eradicated.
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.
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.
The demand for fresh products and quality supply chain processes are at an all-time Recognizing these trends and taking action will help you fulfill your customer’s needs. 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.
The expected project cargo influx is benefiting from the investment increase and the extensive renewable energy and industrial projects coming down the pipeline. The trend of greener shipping One of the sustainable trends being seen is the goal to reduce the carbon footprint of logistics by adapting green practices.
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. Don’t get left behind by not having the right partner or the right strategy to combat the changes in the industry.
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. Warehousing has been hit harder than other industries. The global cold storage warehouse market is expected to grow at an annualized rate of 13.5% (CAGR) from 2021 to 2028.
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.
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. 2021 may not be a year for the logistics industry to cherish, but it was a year filled with a lot of takeaways. Rewind to 2021!
The UK could need more than 112 million sq ft of new industrial and logistics floorspace, the area of more than 1,700 football pitches, over the next five years, according to the latest calculations from global property adviser Knight Frank based on current capacity utilisation rates. by 2028, will drive demand for an additional 33.8
Not only is it forcing carriers to pay out higher wages and, subsequently, pass those increases along to individual shippers, but the trend is also creating capacity issues for anyone that relies on truckload (TL) or less-than-truckload (LTL) transportation. Roadmaster’s efforts appear to be part of a nationwide trend. In the U.S.,
In response to today’s online-buying, smartphone-wielding consumer that expects a seamless, faster purchasing journey, the study revealed that 78 percent of logistics companies expect to provide same-day delivery by 2023 and 40 percent anticipate delivery within a two-hour window by 2028. Download Now! Download Now! jberman@peerlessmedia.com.
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 Temperature-sensitive products beyond food also rely on traceability.
More people working leads to increased spending, and both retail in-store and online sales will continue to be strong; a trend online pushed higher by pandemic infused need to shop online. The Food Industry in 2021 will see new highs in sales, with a growth of 3.7% In manufacturing, 2021 will see 7.2% growth, with 2022 coming in 3.8%
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. Judah Levine October 31, 2023 Unbox your Freight knowledge.
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.
In view of the global trend of omni-sourcing, DHL Supply Chain, the world’s leading logistics company and part of DHL Group continues its strategic investments into emerging markets and fast-growing economies. These investments made until 2028 are supposed to strengthen DHL’s operations in Latin America.
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.
The cutting-edge ideas show how far developers may have to go to address the growing demand for industrial space as more Americans shop online. By 2028, 40 percent of all parcels will be delivered within two hours , according to a study released earlier this year by Zebra Technologies. million square feet of new industrial space.
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?
At Anheuser-Busch, we’re continuously searching for ways to improve sustainability across our entire value chain and drive our industry forward,” said Michel Doukeris, CEO of Anheuser-Busch. The transport industry is one that is ripe for innovative solutions and Nikola is leading the way with hydrogen-electric, zero-emission capabilities.
Looking at the past year, the trend for 2025 is we will see capacity decline at a three-to-five percent pace. Increases in costs to operate, as well as equipment where these carriers may be upside down on payments, has caused several to retreat from operating in the industry. This is typically the owner operator community.
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