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Freight Truck Shortages Are Changing The Face Of Logistics. Original article: Freight Truck Shortages Are Changing The Face Of Logistics. TuSimple Holdings (NASDAQ: TSP) – in its most recent call with financial analysts – reaffirmed that they expect to have fully autonomous trucks on the road in 2024.
Tom is the CEO and Founder of ProvisionAi, a technology that automatically gets the right products on the right number of trucks at the right time to increase service levels and maximize network efficiency. On this podcast interview, Tom Moore and Joe Lynch discuss load building and optimization. About Tom Moore Thomas A.
About Transport Topics Since 1935, Transport Topics has been the news leader in trucking and freight transportation. Below are some highlights from Seth’s article, 2023 Top 100 Logistics List Highlights Growth for 3PLs. Spot freight demand has softened, and truck capacity has loosened since the frenetic days of the 2021 freight boom.
To answer that question, let’s examine some of the similarities between the two industries. Back in the 70’s and 80’s full-service stock brokerages dominated the industry. The industry leaders, like Merrill Lynch, E.F Relationships with shippers who need trucks (desperately need trucks in this market). Hutton, etc.
Connectiv is a live events studio that for the past decade has dedicated itself to creating industry leading gatherings. The events we have created attract more than 15,000 people each year and touch on global industries impacting people’s daily lives. POD trucks that are EV and AV. Forbes article.
01:54] What will the 3PL industry look like in 2025? 12:30] Tell us about some of the trends you think are going to impact the industry over the next five years. Historically, a lot of the industry hasn’t embraced technology. Consolidation will be one of the ways the upper half of the 3PL industry will better compete.
This article is interesting because of the dilemma of small trucking firms. The SEC will soon require disclosure of climate impact by companies, which will include how they ship their goods. There are scope 1, scope 2 and scope 3 … Continue reading →
10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Original Article: 10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Every industry has dealt with the fallout or repercussions caused by COVID-19 -related disruptions to the supply chain.
That’s the consensus in this article. Not for a while, it seems. And perhaps the impact will be greatest in the port drayage sector. Many firms seem to have made adjustments already. AB5 is the law in California that sets … Continue reading →
This article is from Emerge and offers tips for trucking companies to decrease their insurance premiums. The number of accidents in the truckingindustry is up, and so are insurance premiums. As an industry, trucking associations are advocating tort reform. To read the full article, click HERE.
As 2024 draws to a close, the bulk truckingindustry remains steadywith capacity holding strong and demand experiencing modest declines in both bulk liquid and dry bulk shipments. While these factors contribute to a stable operating environment, they also bring challenges and uncertainties as we look ahead to Q1 of 2025.
Original article: The First 50 Speakers Confirmed for Manifest Vegas 2023. The team has already confirmed some of the industry’s most influential voices to take the stage and share in their thought leadership. Original article: The First 50 Speakers Confirmed for Manifest Vegas 2023. NEW YORK (PRWEB) APRIL 27, 2022.
Some areas in Florida have shelter-in-place orders, likely limiting available trucking capacity and shipper operations throughout the end of the week. Now those trucks are not where they thought they were going to be, so now we have to find other trucks there. Fortunately, the logistics industry is relatively calm.
Port X Logistics offers a variety of services, including drayage, transloading, trucking, project cargo coordination, and more. Port X Logistics was founded on four pillars: Culture, Service, Tech, and Trucks. They aim to bring about positive change in the industry by adopting a customer-centric approach and treating everyone well.
Living on the road as a truck driver is a difficult job but living on the road as a broke truck driver is even harder. Truck stop prices can sometimes be high, causing you to spend unnecessary dough. According to an article in CDL Life , bringing your own food on the road can save you roughly $1,500 a year alone!
Industries such as semiconductors, electric vehicle (EV) batteries, and transportation equipment are at the forefront of reshoring efforts , leading to a fundamental shift in freight demand patterns. Automotive and industrial manufacturing is expanding in states like Michigan and Ohio. Midwest U.S. Southwest U.S.
Key Takeaways from This Article: COVID-19 has unveiled the fragility of a global supply chain predicated on lowest-cost principles. Shipping from Asia is delayed by weeks given soft demand for apparel and other products, and some suppliers are turning to the airline industry — with air travel down by 95% — to reduce delays.
With supply chain disruptions and the driver shortage affecting the truckingindustry, many shippers have turned to intermodal rail as a CO2-friendly alternative. In this article, we’ll look at how bulk freight brokers can help with the over-the-road (OTR) segment of a bulk product’s intermodal journey.
If you’ve hired a truck in the past year, the latest report from the American Transportation Research Institute (ATRI) will come as no surprise to you. In its 2022 Operational Cost of Trucking report , the ATRI revealed that the cost of trucking increased by the highest recorded percentage between 2020 and 2021.
2022 was a pretty good year from an industry standpoint. Subscribe to our newsletter and receive the top five logistics articles of the week every Friday morning by selecting “Weekly News Update” when you select your preferences. Volumes were still elevated (certainly not like we saw in 2021) and capacity was inline.
Establishing strong working relationships with reliable dump truck drivers is crucial in the construction industry. In this article, we will discuss the significance of establishing connections and collaborating with dependable dump truck drivers.
Connectiv is a live events studio that for the past decade has dedicated itself to creating industry leading gatherings. The events we have created attract more than 15,000 people each year and touch on global industries impacting people’s daily lives. POD trucks that are EV and AV. Forbes article.
Prices are falling, vessel and trucking availability is increasing, terminals are getting in much better shape globally, and many companies are looking for cargo to move. What will these developments mean for employment in the supply chain and logistics industry? As of October, inflation figures are 9.9% in the European area, 8.2%
Shipping bulk food-grade products is one of the most complicated types of loads within the bulk transportation industry. In this article, we’ll examine the process of food-grade transportation and tell you what sets the best food-grade trucking companies apart from the rest.
Chris is the founder of The Freight Coach , a company that stages transportation companies ranging from traditional freight brokerages, asset-based trucking companies looking to expand into brokerage, as well as technology companies looking to implement their product into the industry. About Chris Jolly.
Some people in the trucking and freight industry even see load boards as a prime example of modern technology that helps people work more efficiently and intelligently. In this article, we’ll examine load boards in detail and tell you why we have such trepidation about recommending them to shippers and carriers.
Data is a big buzzword across industries, but how about when it comes to logistics? We went into tracking the actual assets, vehicles and trucks. The device is connected to either a canvas or some sensors in the vehicle and the truck. It goes into a long logistic truck and gets delivered on what is called the last mile.
Sarah cares a great deal about the industry, especially about solving the challenges that drivers face every day on the road. Larry and a lot of our executives come from the trucking space,” Allen explained. Allen explained that Envase’s vision started with founder and CEO Larry Cuddy Jr. Larry’s the CEO with a CDL.
It hasn’t been a terribly exciting time in the world of bulk trucking for much of 2023 – but that’s not necessarily a bad thing. In this article, we’ll examine the bulk truckingindustry as we currently see it, and look ahead to 2024. We’re reaching the end of Q4 2023 and heading into an exciting new 2024.
A few weeks ago, I wrote an article on the benefits of time slot management. In that article, I highlighted the importance of the network effect on time slot management and related technologies, as well as the main benefits of a time slot management application. This is important for reducing carbon emissions.
Heading into the home stretch of 2022, conditions in the bulk truckingindustry remain largely unchanged since the beginning of the year. Capacity is still a concern, and the truck driver shortage continues to loom large. In this article, we’ll break down what we’re seeing out there from a bulk freight broker viewpoint.
This article explores the different types of forklift attachments and their applications. Fork extensions extend the reach of a truck fork making them very useful for hard-to-reach materials. They allow maneuvering in confined spaces, such as loading docks or trucks. Let’s dive in!
This article is from Patrick Byers, DevOps Engineer at Lucas Systems, and looks at fortifying warehouse and distribution centers against cybersecurity attacks. The warehousing and distribution industry is highly reliant on technology for its operations. To read the full article, click HERE.
Heading into the home stretch of 2023, conditions in the bulk truckingindustry remain lukewarm: not bad, not great for both shippers and carriers. In this article, we’ll break down what we’re seeing out there from a bulk freight 3PL viewpoint. Capacity is fairly stable, but costs aren’t budging all that much.
With capacity so tight over the past few years, the role of the bulk freight truck driver has received a lot of attention. The short answer is that there is a truck driver shortage across all modes of trucking. In this article, we’ll examine the question “what is a tanker endorsement?”
In this article, we will explore various alternative strategies that businesses can employ to navigate challenges and strengthen their resilience. Alternative Trucking Routes: Explore trucking options that may bypass major ports and deliver goods directly to inland distribution centers. The potential strike at U.S.
In early November, my colleague Steve Banker wrote an article looking at the top supply chain trends for 2023 and beyond. Well, how often do you hear industry analysts say they underestimated a market’s growth rate? It is common for pundits to look ahead and predict how an industry or profession will change. billion in 2019.
The shipping industry is essential to the global economy, responsible for the transportation of goods between countries. The effects of inflation on the shipping industry were seen in several areas: higher fuel, increased transportation, labor and equipment costs. And, the effects are not limited to those areas.
If you’ve spent any amount of time within the bulk truckingindustry, chances are you’ve built relationships with folks that ship liquid and dry bulk products and need capacity. In this article, we’ll examine the role of freight broker agents within the bulk shipping industry, and help you decide if such a career is right for you.
Combined with declines seen on the industrial production and manufacturing side, the hope for a rebound in freight volumes will not take place in 2023. Most of the attrition is carriers with five trucks or less, but as we’ve seen recently with Yellow Corporation closing its doors, no carrier is immune.
The warehouse and transportation industry had a record 490,000 openings in July. The US Department of Labor does not split out job openings for truck drivers versus openings for warehouse workers. But anecdotally it appears hiring truck drivers is even more difficult than hiring warehouse workers. The Warehouse Labor Shortage.
Industrial engineers have used heuristics-based rules, what-if analysis, and physics-based simulation to get predictive and prescriptive insights for several years. AI can help to solve complex delivery constraints and improve logistics costs by finding patterns in data from intelligent sensors on trucks and packages.
In the US, trucks move roughly 72.2% million registered trucks traveled a total of 302 billion miles in 2020 and the number of for-hire carriers on file with the Federal Motor Carrier Safety Administration totaled just over 1.1 The industry is raising pay at five times the historic average, but this isn’t just a pay issue. “The
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