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Will 2017 Drive a Higher TMS Adoption for Small to Mid-Sized Shippers?

GlobalTranz

In 2008, statistics involving TMS adoption rates ranged from 20 to 30 percent. Meanwhile, 2008 was a time when the deployment of cloud-based technologies was in infancy, so some companies may not have understood survey questions and their applicability to existing operations. Now, consider another factor.

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Reshoring in America: The Future Outlook, Current Hindrances & Issues, and Ways to Stimulate Reshoring

GlobalTranz

There were 10% fewer manufacturers in 2011 than in 2008—a record low since 1977, when the Census Bureau started collecting Business Dynamics data. However, there are a million fewer manufacturing jobs than in 2008. Noncompliance with any of a country’s exit rules might prohibit a company from future operation there.

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[INFOGRAPHIC] Attracting Millennials to Manufacturing: Understanding Millennial Experience in Order to Gain Talent

GlobalTranz

Unfortunately, the passion began to fall through when the oldest millennials entered the workforce in 2007 and saw a huge economic collapse in 2008. The events of 2008 also led to many millennials living with family, especially their parents, upon entering the workforce. Economic Instability. Student loan interest rates climbed slowly.

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Two Million Vacant Manufacturing Jobs by 2025…How Can We Tackle the Skills Gap?

GlobalTranz

For a microcosmic sampling, the CMAP report published by the Illinois government (widely reputed as a resource for broader industrial indicators), reveals an acute shortage of qualified candidates to fill essential manufacturing positions in the Chicago region, including CNC Programmers, CNC Operators, Industrial Machinery Mechanics, and Welders.

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31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

GlobalTranz

Off-shored producers are finding that the benefits of foreign operations are not what they had anticipated. Obscure costs and risks were overlooked by many in the rush to operate off-shore. Contributing to the reshoring movement is the fact that economics of off-shore operating have changed significantly.

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Trucking Rates Looking to Increase: The Driving Factors & What You Can Do About It

GlobalTranz

Since the collapse of the housing market and the economy in 2008, the freight transportation industry has managed to claw its way out of a damaging situation and maintain historically low trucking rates. Operating at Capacity. Today’s freight transportation industry is operating at maximum capacity.

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Current State of the Capacity Crunch

GlobalTranz

The shipping industry saw growth and expansion in 2014 when compared to the state of the industry since 2008. Gilroy of Transportation Topics News , shippers are looking to the future through investment into current operations to ensure long-term success and stability. Fleets Are Expanding.