UPS CEO Carol Tomé, in discussing the company’s strategic shift, discusses reducing its over reliance on Amazon while prioritizing profitability and high-growth sectors; she also expounds on “UPS’s focus on small and medium-sized businesses (SMBs), healthcare logistics, and international trade, alongside a $1 billion cost-saving initiative.”
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246 professional truck drivers are being lauded by XPO for achieving million-mile safe driving milestones in 2024. CEO Mario Harik exclaims: “I want to congratulate our 246 drivers who reached one million or more consecutive accident-free miles last year… I am grateful for everything they do to serve our customers and keep our roads safe, and I look forward to recognizing many more drivers in the coming year.” Read more…
Conversion Interactive Agency and People. Data. Analytics.(PDA) have released their joint Q4 2024 Driver Recruiting & Retention Data Download Report showing a decrease in truck drivers’ wages. Kelly Walkup, CEO of Conversion, states: “As the freight economy rebounds, driver recruiting is becoming even more competitive… to win in this environment, carriers must embrace technology and tools to improve efficiency and reduce costs while addressing driver needs head-on.”Read more…
America’s leader in contract logistics, DHL Supply Chain, recently announced the acquisition of Inmar Supply Chain Solutions, a division of Inmar Intelligence and a leading returns solutions provider for the retail e-commerce industry. The strategic acquisition will make DHL Supply Chain the largest provider of reverse logistics solutions in all of North America.
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According to the American Trucking Association, the industry is facing a shortage of 80,000 drivers with a main factor being the relatively high average age of the existing workforce. The Owner-Operator Independent Drivers Association claims that “there isn’t a shortage, but instead a retention issue as more than 400,000 new CDLs are issued in the U.S. every year. Transportation Secretary Pete Buttigieg has previously said that his department estimates that 300,000 drivers exit the career annually.”
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With the new year upon us, it is a fantastic time for current and prospective drivers to find a new truck driving job. As 2025 begins, “signs indicate that the trucking industry is entering a new — and hopefully profitable — part of the supply-demand cycle. For the past couple of years or so, the industry has been stuck in a downward trajectory because of overcapacity.”
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Kenworth teamed with Fastport and the U.S. Chamber of Commerce Foundation’s Hiring Our Heroes program for the ninth consecutive year to find America’s number one rookie military veteran who made the successful transition into a civilian truck driving career: “distinguished Army veteran Cory Troxell, who drives for Stevens Transport, received this year’s ‘“Transition Trucking: Driving for Excellence”’ award during a recent special ceremony at the U.S. Chamber of Commerce in Washington, D.C. where crowds gathered to see the Kenworth T680 parked outside.”Read more…
The Truckload Carriers Association (TCA) were one of the first to congratulate Sean Duffy on his Head of Transportation cabinet nomination, noting that Duffy “earned praise for helping pass legislation funding a bridge connecting Wisconsin and Minnesota during his time in the House of Representatives.”Read more…
The freight and logistics industry continues to be plagued by layoffs with companies announcing 1,277 job reductions and six distribution facility closures across the country.This will be “the second major round of layoffs in the industry since last week, when True Value Co., GXO, CJ Logistics America, DHL, PepsiCo, Reyes Coca-Cola Bottling LLC, Hunt & Sons LLC, Kuehne+Nagel, Americold Logistics, Amazon and Trademango Solutions announced they were eliminating 2,402 jobs.”
With logistics workforce shortages affecting nearly three quarters of all logistic companies, steps need to be taken to avoid customer disappointment during the approaching peak season. The performance of supply chain “is being undermined by an endemic lack of staff – with 37% of companies experiencing high workforce shortages. The biggest problems are in transportation operations, closely followed by warehouse operations, and the impacts are being felt throughout the supply chain, from financial performance to customer service.”
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