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How important is the trucking industry? Businesses of all sizes depend on trucks to deliver their products to their facilities. And although trains, ships, and planes move cargo all over the world, trucks are what deliver goods from rail yards, ports, and airports to their final destinations.
Jun 24, 2024 · The trucking industry is experiencing major shifts in supply chain strategies, sustainability efforts, and what consumers expect from companies. These shifts are driven by e-commerce, globalization, and other technological advancements.
Mar 19, 2024 · This article examines vital trucking trends affecting the industry, such as sustainability, digital innovation, regulatory compliance, and workforce development. Through knowledge and insight, companies can adapt and seize opportunities to achieve sustainable growth and operational excellence.
Jun 18, 2021 · After navigating the disruption and uncertainty wrought by the coronavirus pandemic last year, the trucking industry has entered a historically strong business environment that many analysts...
- Nearshoring Is Real and Has Been Driving Trade Growth
- E-Commerce Is Redefining Supply-Chain Strategy
- Technology Levels The Playing Field
Over the past few years, many sectors have been nearshoring, but not all sectors are part of this trend (Exhibit 1), and those that are have vastly different reasons. High-tech companies are embracing the move as a way to bring manufacturing and assembly closer to demand, to reduce total landed costs, to minimize supply-chain disruptions, and to re...
As recently as ten years ago, supply-chain managers for brick-and-mortar retailers aimed to keep minimal inventories in stores and warehouses. But they built up those inventories during the autumn months in preparation for the holiday shopping season, creating an annual peak for ports, railroads, and trucking companies. E-commerce has permanently c...
Our research shows that across North America, the trucking market is extremely fragmented. In the United States, the top ten players control just 12 percent of it (Exhibit 4).1717.Transport Topics, ttnews.com. In fact, of the more than 275,000 for-hire trucking companies in the country, nearly 90 percent have ten or fewer tractors.1818.Federal Moto...
The trucking industry is going through a transformation, adapting to new technology, sustainability measures, and changing consumer demands. The transformation also includes improvement in areas of fleet management, vehicle and fuel efficiency, and driver safety.
Apr 29, 2020 · Commercial truck drivers play a pivotal role by transporting intermediate goods to processors/manufacturers, bringing food shipments to grocery stores and transporting online orders from e-retailers to consumers. Recently, the Wall Street Journal (WSJ) called truck drivers “the unseen heroes.”
