E-commerce growth, drones, lower-emission vehicles, and sky-high logistics costs are among the trends examined in a new report by TRIP.
According to new data from the 2023 WIT Index, the percentage of female safety professionals in corporations with for-hire or private fleets continues to increase.
The DAT Truckload Volume Index in April was down 5%, falling from an all-time high set in March.
The trucking industry, and the supply chain as a whole, are in an upcycle, but analysts suspect that the industry has reached its peak.
Although a recession is unlikely next year, ACT Research said uncertainty regarding the economy in the latter half of 2019 will detrimentally affect medium- and heavy-duty truck markets next year.
2018 will go down as an outstanding year for third-party logistics in the U.S., driven by growth in the economy and an extraordinary inventory build as shippers imported products to beat import tariffs.
Big data analytics generated $93.9 million in revenue in the trucking industry in 2014, according to research firm Frost & Sullivan, which projected that amount would grow to $1.6 billion by 2022.
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