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Navigating the Waves: Predicting the Shipping Industry’s Journey in 2024

MTS Logistics

The persistent soft pricing in the shipping sector is expected to extend into 2025, a consequence of capacity outpacing demand. People don’t agree on what will happen to prices and the number of products being shipped, and different companies are using different strategies to handle these uncertainties.

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Automotive Supply Chains not Sustainable

Logistics Business Magazine

Europe leads this trend having reduced offshore procurement by a quarter since 2021. The report finds that automotive organisations expect procurement from offshoring locations to reduce by a further 19% by 2025, as electric vehicle production surges and the fabrication of key electronics components relocates.

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Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

Enterprises that did not adapt to new trends faced the brunt of COVID-19 pandemic. This was majorly due to their inability to understand and adapt to the changing logistics trends. Welcome to 2022: Top 10 Supply chain logistics trends to watch out for 2022. billion and record a CAGR of 15.99% during 2021-2025.

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

GlobalTranz

This estimate is according to responses provided by 83 percent of the manufacturing executives who participated in a survey conducted as part of an industry study by the Manufacturing Institute and Deloitte Consulting LLP. Skills Shortages. skilled production workers. researchers. machinists. scientists. appear to include the following.

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Profitably Delivering eCommerce with Consumer-Centric Priorities

Logistics Viewpoints

In the consumer sector, few recent trends have been as disruptive as the new on-demand marketplace for commodities like transportation and lodging, driven by Uber and VRBO. In a McKinsey surveyed, 59% of participants stated that a lack of executive vision was a significant obstacle to the digital transformation of their organization. [2]

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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. Additionally, the industry has added approximately 50,000 jobs per quarter over the past few years, and the trend shows no signs of stopping. According to Dr. Bill R.

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The current trucking market experience: it is both supply and demand

CH Robinson Logistics

Key driver demographics are in a divergent course with a rise in retirement through 2025 and decline in 21-year-olds through 2023. The market expects to see continued upward pressure on driver compensation and bonuses needed to seat the expanding fleet and counter the primary driver demographic trends. Trucking jobs are slow to return.