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Looking ahead 5 years to 2028, what trends will play a bigger role in supply chain management? The pace of change and innovation in the supply chain and logistics realm continues to accelerate (as you can see from the news items below). What actions is your company taking today to position its supply chain and.
Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. Let’s dive into the latest manufacturing trends. WHAT ARE THE LATEST TRENDS IN MANUFACTURING? Now, increasing output isn’t a new trend in manufacturing. trillion by 2028.
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.
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.
A recent Drewry report named the “Multipurpose Shipping Forecaster” noticed the projected surge in project cargo demand by 2028 and combined these two sectors when it noted that the world’s growing energy consumption needs to be met by both renewable and conventional energy projects.
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. The global cold storage warehouse market is expected to grow at an annualized rate of 13.5% (CAGR) from 2021 to 2028. So it is important to be proactive and plan accordingly.
According to American Trucking Association, if current trends hold, the shortage could increase to over 160,000 drivers by 2028. 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.
More than half of executives (52%) expect at least 50% of their products and services to be low carbon by 2028,according to a new YouGov survey of global corporations in the Science Based Targets initiative. Of these, nearly 1 in 5 (19%) predict close to 100% will be low carbon in ten years’ time. “If
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.
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! Future of Fulfillment Vision Study New!
The additional demand is linked to the UK’s growing population and our increasing dependence on distribution and manufacturing hubs, though the long-term trend in manufacturing toward high-value sectors, as well as increased automation in the manufacturing and distribution sectors, could ease pressure on the UK’s industrial and logistics stock.
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.,
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 This should prevent the WMS from shipping a compromised product to the customer.
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.
Power only services are trending among shippers. And one means has been a power-only trend that’s grown by a 41-year high this past year. And if the trend continues, the shortage could swell to more than 160,000 drivers by 2028. The Top 6 Stories in Freight. You see, it’s a win-win for everyone. Get the details here.
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 driver shortage is expected to be 105,000 by 2023 and possibly 160,000 by 2028. The numbers for the future could be a challenge.
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.
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.
Market Trends for the HVAC Industry. The HVAC industry is already highly competitive and is predicted to grow 13% through 2028. The HVAC industry is unforgiving to distributors who are not on top of their game. While demand is growing, so too is supply – and with it, distributors.
Current trends point to the shortage growing to over 160,000 drivers by 2028. Finding talent behind the wheel is an even more significant challenge lately with the driver shortage and driver-related issues are a current top concern of private fleets.
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.
By 2028, 40 percent of all parcels will be delivered within two hours , according to a study released earlier this year by Zebra Technologies. ” Related Article: 40 Percent of Parcels Will Be Delivered Within 2 Hours By 2028. Already, the first multistory warehouses in the U.S. Related Resources.
Even though that number is trending in the right direction, ATA Chief Economist Bob Costello commented that the driver market remains tight, with the driver shortage remaining a real concern for fleets and the industry. highways, as per the ATA’s Freight Transportation Forecast 2017 to 2028, which was released in 2017.
By 2028, we anticipate having over 700 hydrogen stations across the USA and Canada. “Anheuser-Busch has a long history of investing in progressive, sustainable technology and we are excited to partner with them to bring the largest hydrogen network in the world to the USA.
Looking at the past year, the trend for 2025 is we will see capacity decline at a three-to-five percent pace. Shippers, especially those that play in refrigerated commodities , need to ensure they are flush with carrier and broker capacity, and should anticipate rate increase requests from their providers.
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