Trucking Shortage Drives Up Freight Costs for Businesses

Trucking Shortage Drives Up Freight Costs for Businesses

Shrinking truckload capacity is a top concern for shippers, driven by factors like the ELD mandate, driver shortages, and manufacturing growth. Intermodal transportation emerges as a crucial strategy to combat capacity challenges. Businesses need to optimize their supply chains and select appropriate intermodal solutions to reduce costs, improve efficiency, and maintain a competitive edge in the market. Focusing on strategic intermodal implementation allows companies to navigate the current capacity constraints and build more resilient and cost-effective supply chains.

01/27/2026 Logistics Industry Insights
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Shippers Tackle Truck Driver Shortage with Strategic Solutions

Shippers Tackle Truck Driver Shortage with Strategic Solutions

This paper delves into the underlying causes of the truck driver shortage and proposes practical solutions from the shipper's perspective. By improving driver working conditions, offering fair compensation, optimizing transportation models, participating in industry discussions, and making long-term investments, shippers can actively alleviate the driver shortage, ensure supply chain stability, and enhance business competitiveness. The paper advocates for shippers to view drivers as professional partners, collaboratively creating a brighter future for logistics.

01/28/2026 Logistics Industry Insights
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Postpandemic Supply Chain Faces Talent Shortage Skills Gap

Postpandemic Supply Chain Faces Talent Shortage Skills Gap

A CRIC report reveals that the pandemic has accelerated the evolution of supply chain culture, with agility, resilience, and collaboration becoming the new normal. Companies face a shortage of end-to-end talent, and internal development poses challenges. Breaking down silos and building an enterprise-level supply chain culture are crucial to enhance data-driven decision-making, agile responsiveness, and risk management capabilities. Furthermore, reshaping talent development systems and creating future-oriented competency models are essential to build an agile, resilient, and collaborative supply chain ecosystem.

01/28/2026 Logistics Industry Insights
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US Freight Industry Grapples With Truck Driver Shortage

US Freight Industry Grapples With Truck Driver Shortage

American Trucking Associations data reveals driver turnover rates at large truckload carriers surged to a three-year high, while smaller carriers saw a slight decrease. Experts believe the driver market remains tight, primarily due to regulatory pressures and demographic shifts. This driver shortage not only impacts freight transportation but also the overall economy, requiring a collaborative effort from the government, industry, and individual companies to address the issue. The lack of drivers is significantly disrupting supply chains and increasing costs across various sectors.

01/28/2026 Logistics Industry Insights
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Micron Expands Singapore Chip Output Amid Global Shortage

Micron Expands Singapore Chip Output Amid Global Shortage

Amidst a persistent global memory chip shortage, Micron Technology has announced plans to expand its memory chip production in Singapore to address the strained market situation. Analysts predict that the supply tightness could persist until 2027. While this expansion may not immediately resolve the shortage, it is expected to contribute to increasing the overall global supply capacity of memory chips in the long run.

01/28/2026 Logistics Industry Insights
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Millennials Key to Solving Supply Chain Labor Shortage

Millennials Key to Solving Supply Chain Labor Shortage

The supply chain industry is facing a critical talent shortage. Traditional recruitment methods overly emphasize experience and education, neglecting the potential of Millennials. This article suggests breaking down educational barriers, focusing on practical skills, providing career development paths, flexible work environments, and continuous learning opportunities. Cultivating a positive corporate culture and learning from successful strategies in other industries are also crucial. By attracting and retaining Millennials, companies can bridge the talent gap and secure future success in the supply chain.

01/28/2026 Logistics Industry Insights
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Outpost Secures Greenpoint Funding to Expand Truck Terminals to 1B

Outpost Secures Greenpoint Funding to Expand Truck Terminals to 1B

Outpost announced an investment from GreenPoint, increasing its terminal platform scale to $1 billion. This funding will accelerate the expansion of its truck terminal network, addressing efficiency bottlenecks in trucking and building an efficient and intelligent logistics ecosystem. The investment will enable Outpost to further develop its technology and infrastructure, providing drivers with better access to amenities, parking, and services, ultimately improving the overall trucking experience and optimizing supply chain operations.

11/03/2025 Logistics
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Trucking Industry Calls for Infrastructure Funding to Cut Congestion Costs

Trucking Industry Calls for Infrastructure Funding to Cut Congestion Costs

The American Trucking Associations (ATA) has launched an advocacy campaign urging Congress to increase infrastructure investment to address traffic congestion and economic losses caused by aging roads and bridges. The ATA proposes raising the fuel tax to provide a sustainable funding source for the Highway Trust Fund. They are calling on the public to pressure their congressional representatives to support infrastructure development. The initiative highlights the urgency of modernizing America's transportation network to improve efficiency and boost the economy by reducing delays and ensuring the safe movement of goods.

01/22/2026 Logistics Industry Insights
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US Ports Struggle With Funding As Rivalry Infrastructure Demands Grow

US Ports Struggle With Funding As Rivalry Infrastructure Demands Grow

US ports are facing funding shortages, with West Coast ports facing competition from Canadian ports. East Coast and Gulf Coast ports are actively investing in infrastructure to enhance their competitiveness. This article analyzes the importance of port financing and the impact of infrastructure development on port growth. It also explores the strategies various ports are employing to address these challenges, including attracting private investment and optimizing operational efficiency to stay competitive in the evolving global logistics landscape.

01/21/2026 Port Encyclopedia
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Flywire Raises 100M in Series D Funding Led by Temasek

Flywire Raises 100M in Series D Funding Led by Temasek

Flywire secured $100 million in Series D funding led by Temasek to accelerate its global expansion and enhance local payment capabilities. Having processed over $8 billion in payments, Flywire empowers businesses with seamless cross-border payment solutions. The investment will further fuel the company's growth and innovation in the fintech space, solidifying its position as a leading provider of international payment services. This funding round underscores the growing demand for efficient and reliable cross-border payment solutions in today's globalized economy.

01/27/2026 International Settlement
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