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Skills Gap: Why It’s Creating New Manufacturing Opportunities

GlobalTranz

In fact, worldwide spending on robotics is expected to exceed $67 billion in 2025, and manufacturing will need to grow by a similar percentage (around 450 percent) to reach its $24.4 billion evaluation as well. Therefore, manufacturers should embrace automation and robotics in the hope of achieving this strong growth. .

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Here’s Why Image of Manufacturing as Boring, Dirty, and Tedious is Drastically Changing

GlobalTranz

By 2025, conservative estimates of the labor shortage in manufacturing stand out at more than 2 million unfilled jobs, as discussed in a previous blog post. Why and Where Does the Stalemate Stand? According to Dr. Bill R. Manufacturers, Trade Schools, and Congress Step in to Help.

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Freight Driver Shortage Update: Will 2017 Come to a Head & Cause Issues for Shippers?

GlobalTranz

Since 2005, the freight driver shortage has grown from 20,000 unfilled positions to 70,000, and some reports suggest the shortage may worsen to more than 170,000 vacancies by 2025. Meanwhile, the average of age of today’s trucker is 49, and more truckers are aging out and retiring from the industry.

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What is the Hyperconnected Era & “The Internet Of Things” and What does it Have to Do with Manufacturing & Logistics?

GlobalTranz

As per a recent survey and study done by Pew Research Internet Project, a large majority of the technology experts and engaged Internet users who responded—83 percent—agreed with the notion that the Internet/Cloud of Things, embedded and wearable computing (and the corresponding dynamic systems) will have widespread and beneficial effects by 2025.

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4 Big Benefits for the Use & Implementation of Predictive Analytics In Manufacturing

GlobalTranz

Furthermore, the Industrial Internet of Things ( IIoT ) will climb to more than 25 billion devices by 2025. In other cases, this application of predictive analytics in manufacturing could be used to identify equipment manufacturer defects in machines, saving the factory money and stress in the course of conducting business.

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TPM24: Key Takeaways on Geopolitics, Technology and Other Drivers of Ocean Freight in 2024

Freightos

I was fortunate to be able to attend again this year, and, though I couldn’t sit in on all the sessions or meetings I would’ve liked, here are my key takeaways: Geopolitical challenges, Red Sea especially Geopolitics were, of course, on people’s minds. You can read the report and see our short webinar on the topic here.