• Home
  • Terms and Conditions
  • Privacy Policy
  • Free VPN
Easyworknet
No Result
View All Result
  • Login
  • Home
  • Contact
  • Business
    • Cryptocurrency
    • Home Improvement
    • Finance
    • Insurance
    • Digital Marketing
  • Technology
  • Lifestyle
    • Relationships
    • Food
  • Health
    • Fitness
    • Exercise
    • Skin Care
    • Sleep and Rest
  • Education
  • Travel
  • Fashion
  • Game
  • Law
  • Career
  • Home
  • Contact
  • Business
    • Cryptocurrency
    • Home Improvement
    • Finance
    • Insurance
    • Digital Marketing
  • Technology
  • Lifestyle
    • Relationships
    • Food
  • Health
    • Fitness
    • Exercise
    • Skin Care
    • Sleep and Rest
  • Education
  • Travel
  • Fashion
  • Game
  • Law
  • Career
No Result
View All Result
Morning News
No Result
View All Result
Home Business

Move with the Times: 10 Freight Industry Trends You Need to Know

easyworknet by easyworknet
3 years ago
in Business, Technology
Reading Time: 5min read
0
Move with the Times: 10 Freight Industry Trends You Need to Know
0
SHARES
7
VIEWS
Share on FacebookShare on Twitter

Article Summury

  • 1. The Driver Shortage
  • 2. Holistic Approach
  • 3. Data Is Your Friend
  • 4. China Is on the Move
  • 5. Customer Is King in E-Commerce
  • 6. Technology Innovations
  • 7. Rising Rates
  • 8. Tesla Is Coming
  • 9. There’s an App for That
  • 10. The US Transportation Infrastructure Is Struggling
  • Know the Freight Industry Trends
    • READ ALSO
    • What are Steelcase Chairs? Why to use Steelcase chairs?
    • 6 Best Apps for Digital Marketers in 2022
    • ​​HR Guide to Creating a Positive Workplace Culture
    • New Mexico’s Housing Market – What it means for Real Estate Agencies

The long haul driver shortage is one freight industry trend that we are all very familiar with. The American Trucking Association says that about 60,000 drivers are necessary, and this number will soon rise to 100,000.

Without these drivers, trucks don’t move, and that means whole industries come to a halt. Knowing the trends in the freight shipping industry can help you budget and prepare so your business is ready.

Keep reading for other important industry trends, so you stay informed.

1. The Driver Shortage

As we mentioned, there is a significant shortage of drivers. The industry is trying to rectify this by making driver jobs more enticing with higher pay and perks. Unfortunately, this is only doing so much to bring new people to the industry.

One significant benefit from the shortage is that it has forced freight companies to become more inclusive. While only 6% of truck drivers are women, this number is quickly growing.

Companies are finding that women have fewer accidents and lower turnover. This bodes well for their future in the industry.

2. Holistic Approach

Companies have begun to approach their supply chain in a more comprehensive way. Tariff wars have made businesses nervous about their ability to maintain their supply chain.

The answer is to look at your supply chain as a whole. Work to mitigate the role of tariffs in your supply chain. If you can’t avoid tariffs, work to at least mitigate the risk.

Don’t depend on your entire product supply to come from one manufacturer or supplier. Don’t have all of your product come from one country either. That way if your one supply source runs into an issue, you can lean on your other channels to maintain your supply chain.

3. Data Is Your Friend

Metrics and data analytics has become a focal point for supply chain professionals. They have begun to examine and interpret data to look for ways to reduce risk and cost.

Make this task easy but utilizing an analytics software that can mine data and issue reports. To get the most out of your software, make sure it can integrate into your current systems and software.

4. China Is on the Move

As we move into 2019, we see China making moves to invest in channels throughout the Middle East and Africa. This includes bridges, ports, railroads, and roads.

This expansion is helping China secure long-term trade partners. As China gains control of global trades, its global economic influence also grows.

5. Customer Is King in E-Commerce

Customer expectations continue to get more demanding for e-commerce businesses. Companies like Amazon continue to push those expectations higher by innovating new ways to get orders to customers faster.

Don’t feel like you have to compete with Amazon. Instead, do a little research into the service that your customers will be happy with.

A popular solution is to offer free shipping and a paid fast shipping option. These two options will cover the majority of online consumers. People either want it cheap and are willing to wait, or they want it fast and are willing to pay.

6. Technology Innovations

The industry is embracing technology. Supply chain and freight professionals want to reduce costs by automating solutions.

One major trend is to start using robots in warehouses. This eliminates the need for people to do the pick and pull part of the supply chain process.

Another technology trend is to start using demand matching and blockchain applications.

7. Rising Rates

Due to truck shortage and increasing demand, rates have risen and are expected to continue to rise. You’ve likely already noticed this in your freight quote for shipping efforts.

Rates have also risen because of a hike in raw material costs. In response to this many fleet managers are renewing the importance of fleet preventative maintenance. The hope is to delay the need for new trucks.

8. Tesla Is Coming

Tesla has already shaken up the consumer car market. Now the company is poised to start disrupting the freight industry. They are currently in development to create an electric semi-truck.

Another trend is the development of autonomous trucks. The driver shortage fuels this trend as it is seen as a solution for this ever-growing problem.

Both trends are in their infancy, though, so don’t expect to see a self-driving or electric truck on the road this year. What we will see is fleet managers looking at how they can utilize these trucks if and when they become a viable option.

9. There’s an App for That

Doesn’t it seem like there is an app for everything these days? Well, now app-based logistics are going to shake up this old school industry.

The apps create a single source for shippers. This will let them work with both national and regional carriers.

Many independent trucks will only work with private fleets and not national carriers. Now you have access to these truckers.

10. The US Transportation Infrastructure Is Struggling

Thanks to natural disasters, many of America’s roads have seen better days. Hurricanes, snowstorms, and floods are some of the most common culprits to damaging major highways.

As these roads get damaged, they prevent transportation that depends on them. The repair process also hinders transportation by slowing the flow of traffic.

Know the Freight Industry Trends

When your business depends on freight shipping for your product delivery, it is vital that you know what the freight industry trends are. If you don’t stay informed, you could find yourself stuck with your suppliers not sending you materials or product.

Or if you are the one shipping out product, you’ll want to make sure you budget and prepare for coming changes. You don’t want to get stuck trying to explain to your customers that you can’t ship to them.

Now that you know what to expect in the coming months for the freight industry, let’s focus on doubling your monthly sales with coupons, deals, and offers.

Post Views: 1,302

READ ALSO

What are Steelcase Chairs? Why to use Steelcase chairs?

What are Steelcase Chairs? Why to use Steelcase chairs?

August 6, 2022
Apps for Digital Marketers

6 Best Apps for Digital Marketers in 2022

August 6, 2022
​​HR Guide to Creating a Positive Workplace Culture

​​HR Guide to Creating a Positive Workplace Culture

July 29, 2022
New Mexico’s Housing Market - What it means for Real Estate Agencies

New Mexico’s Housing Market – What it means for Real Estate Agencies

July 25, 2022
Tags: 10 Freight Industry Trends10 Freight Industry Trends You Need to Knowfreight industryFreight Industry TrendsFreight Industry Trends You Need to KnowMove with the Times: 10 Freight Industry Trends You Need to Know
Previous Post

Here are 10 Reasons why you need a Digital Marketing Strategy!

Next Post

5 Best Servers for Small Business That Will Boost Application Performance

easyworknet

easyworknet

Related Posts

What are Steelcase Chairs? Why to use Steelcase chairs?
Gadgets

What are Steelcase Chairs? Why to use Steelcase chairs?

August 6, 2022
Apps for Digital Marketers
Mobile and Apps

6 Best Apps for Digital Marketers in 2022

August 6, 2022
​​HR Guide to Creating a Positive Workplace Culture
Business

​​HR Guide to Creating a Positive Workplace Culture

July 29, 2022
Next Post
5 Best Servers for Small Business That Will Boost Application Performance

5 Best Servers for Small Business That Will Boost Application Performance

5 Best Laptops for 2019 That Won't Break the Bank.

5 Best Laptops for 2019 That Won't Break the Bank

5 Secrets to Better Communication Skills

5 Secrets to Better Communication Skills

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

What are Steelcase Chairs? Why to use Steelcase chairs?

What are Steelcase Chairs? Why to use Steelcase chairs?

August 6, 2022
Apps for Digital Marketers

6 Best Apps for Digital Marketers in 2022

August 6, 2022
Personal Injury Lawyer

Personal Injury Lawyer: Choosing the Best Lawyer in My City in 2022

July 31, 2022
What does it take to own a bread route?

What does it take to own a bread route?

August 3, 2022
Types of Best Expanding Foams for Insulating Your Home

Types of Best Expanding Foams for Insulating Your Home

July 29, 2022
Opening a Hotel? This is All the Software You Need!

Opening a Hotel? This is All the Software You Need!

July 29, 2022
What are Steelcase Chairs? Why to use Steelcase chairs?

What are Steelcase Chairs? Why to use Steelcase chairs?

August 6, 2022
Apps for Digital Marketers

6 Best Apps for Digital Marketers in 2022

August 6, 2022
Personal Injury Lawyer

Personal Injury Lawyer: Choosing the Best Lawyer in My City in 2022

July 31, 2022
What does it take to own a bread route?

What does it take to own a bread route?

August 3, 2022
Types of Best Expanding Foams for Insulating Your Home

Types of Best Expanding Foams for Insulating Your Home

July 29, 2022
Opening a Hotel? This is All the Software You Need!

Opening a Hotel? This is All the Software You Need!

July 29, 2022

About Us

For Authors: Easyworknet is a tech-related and guest post-friendly blogging platform. We are ready to serve you information through our website. Here you can read and write whatever you want and share your valuable thought with others to help them grow with knowledge. You can help our readers by publishing an informative and quality guest post. Publish anything except spam…Happy Guest Blogging..!!

🙂

Gadgets

What are Steelcase Chairs? Why to use Steelcase chairs?

August 6, 2022
What are Steelcase Chairs? Why to use Steelcase chairs?

This is worthwhile since steelcase chairs are maintainable items made from reused materials. Furthermore, they offer flexible highlights such as...

Read more
by samanvya
0 Comments
Gadgets

What are Steelcase Chairs? Why to use Steelcase chairs?

August 6, 2022
Mobile and Apps

6 Best Apps for Digital Marketers in 2022

August 6, 2022
Law

Personal Injury Lawyer: Choosing the Best Lawyer in My City in 2022

July 31, 2022
  • Home
  • Terms and Conditions
  • Privacy Policy
  • Free VPN

Easyworknet © Copyright 2022, All Rights Reserved.

No Result
View All Result
  • Home
  • Contact
  • Business
    • Cryptocurrency
    • Home Improvement
    • Finance
    • Insurance
    • Digital Marketing
  • Technology
  • Lifestyle
    • Relationships
    • Food
  • Health
    • Fitness
    • Exercise
    • Skin Care
    • Sleep and Rest
  • Education
  • Travel
  • Fashion
  • Game
  • Law
  • Career

Easyworknet © Copyright 2022, All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In