Economic Factors and Logistical Challenges Impact Warehouse Job Opportunities If you run a warehouse or are in charge of hiring new warehousing employees, it's important to understand shifting labor dynamics so you can plan for the future. Warehouse jobs have maintained resilience through these shifts, with more industry positions added, even as other sectors saw employment downtrends. In this article, we review the current state of warehouse jobs and why… Continue reading
Recent 3PL Challenges are Changing Warehousing Expectations for the Future If you run a 3PL company or own a business, you've likely noticed some economic uncertainty in the industry. 3PL and warehousing companies have recently faced declining sales, fewer business leads, and more competition. Here's how you can adjust to the shifting 3PL market and come out ahead when other 3PL companies are going under and struggling to stay in… Continue reading
How much truck company owners depends on whether they’re owner-operators or investors and the nature of their operations. Owner-operators typically take home an average of $6,343 weekly, according to data from ZipRecruiter. Investors or fleet owners who own trucks but don’t drive them can expect a $500 to $2,000 per truck profit each week. Several elements influence the profitability of truck company owners, including the mileage driven, the type of… Continue reading
Trucking Companies Have Been Struggling, but Your Business Can Adapt for a Seamless Flow of Goods Freight brokers, 3PL providers, and shipping companies have likely felt the weight of truck company closures, adding stress to an industry still recovering from the COVID-19 pandemic. Even prominent players in the trucking industry haven't been immune to financial instability due to regulatory challenges and hidden costs. In this article, we discuss the impacts… Continue reading
Autonomous Trucks Are Moving from Futuristic Concept to Daily Reality Freight, warehouse, and logistics professionals should learn about recent developments in autonomous trucking and what self-driving trucks can and can't do. Innovative companies aim to bring driverless trucks to the market after extensive testing. However, many people have legitimate concerns about their safety and whether road infrastructure is ready for autonomous trucking fleets. In this article, we look at the… Continue reading
The U.S. freight industry serves as a vital artery in the nation’s supply chain. Trucks move roughly 73% of the nation’s freight by weight, according to data from the U.S. Bureau of Transportation Statistics. Truck drivers have faced mounting challenges since 2020. First, it was a global supply chain disruption during the height of COVID. Then, they were hit with dropping freight rates amid rising inflation and an increase in… Continue reading
Batten down the hatches and hold on to your cargo tight. The increase in cargo thefts that spiked during 2023 shows no signs of reversing in 2024. During Q1 of 2024, CargoNet documented a staggering 925 incidents of cargo theft, marking a 46% increase over the same period in 2023. Reported thefts increased in most states, according to CargoNet’s first quarter supply chain risk trends analysis. However, California experienced the… Continue reading
Many Recent Factors Have Driven Freight Rates to Rock Bottom If you run a 3PL company or provide warehousing services, you've likely been impacted by low trucking freight rates. The COVID-19 pandemic and rising maintenance, insurance, and regulatory compliance costs compounded already-low rates. This article discusses what has led to declining freight rates in the trucking industry and what it means for retailers and e-commerce businesses. Industry leaders face uncertain… Continue reading
More Female Drivers Can Help You Overcome Labor Shortages Operations and logistics managers often struggle to deliver projects quickly because of driver shortages and unreliable labor. Therefore, it's time to tap into the underrepresented pool of female truck drivers, who have the potential to fill labor gaps and prevent shipment delays as they pursue rewarding careers. In this article, we discuss what logistics teams should know about truck driver labor… Continue reading
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