The upcoming years will be tough for the transportation industry in the United States, FedEx Freight president and CEO William Logue said at the annual National Industrial Transportation League conference in Houston.
Logue praised the advancements of the industry so far, but urged industry leaders to pay attention and address the barriers to further innovation.
Citing the U.S. Federal Highway Administration’s prediction that traffic volumes will double by 2040, he said the current infrastructure isn’t adequate to handle the growth. In fact, the infrastructure struggles to meet even the current demands.
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