There’s been a reprieve in the Labor market tightness with 13,600 jobs added to the trucking and logistics sector in the second quarter of this year. Despite this number, “job gains were marginal for transport truck drivers, up just 0.1% or 200 more drivers in Q2 2024 compared to Q2 2023, according to the latest labor market information snapshot from Trucking HR Canada.”Read more…
DSV is about to become the world’s biggest logistics firm after agreeing to buy Schenker, the logistics arm of German state rail operator Deutsche Bahn, for 14.3 billion euros ($15.85 billion). DSV, a logistics firm that had humble roots as a small enterprise of 10 truckers in 1976, has grown exponentially through “a string of successful acquisitions – some larger than the company itself – in a crowded logistics market.”
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Overcapacity continues to have a negative effect on rates and trucking jobs as more drivers are being forced out of the industry before they can be saved by any future upcycle. According to the latest numbers from the Bureau of Labor Statistics, “more than 1,000 trucking jobs were eliminated from the economy in August. This marks the fifth consecutive monthly loss, which was preceded by a five-month growth streak.”Read more…
As self-driving truck developers get ever closer to utilizing fully driverless on-highway tractors, they are also creating a set of new, unique job functions that will be imperative to support self-driving fleets in real-world freight operations. Even without a driver, autonomous trucks “will still depend on trained professionals to prepare, inspect, dispatch, monitor and maintain the vehicles as they haul loads between designated freight hubs on specific stretches of highway.” Read more
Artificial intelligence is spurring on unfathomable new opportunities for logistics and supply chain management. Despite this fact, many organizations remain uncertain about how best to move forward with implementation. Chris Caplice, the executive director of the MIT Center for Transportation and Logistics, exclaims: “AI is a moving target… it’s not sitting still; it’s aspirational because what was considered AI 30 years ago — even 20 years ago — is not considered cutting-edge AI anymore. It’s always that thing that exceeds our grasp.”Read more…
GFL Environmental subsidiaries in Georgia are about to finalize a “a consent decree meant to end a workplace discrimination lawsuit from the U.S. Equal Employment Opportunity Commission.” The lawsuit, filed in September 2023, claimed that GFL, along with subsidiaries Waste Industries U.S.A, Waste Industries Atlanta and TransWaste Services, would habitually refuse to hire qualified women applicants for truck driving positions. According to the lawsuit, the companies instead sourced the positions to less qualified male applicants.
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To become a truck driver one only needs a high school diploma, a CDL license, and to be open to transporting “raw materials and goods across the country from distribution and retail centers, or manufacturing plants,” in addition to the expectation of planning routes effectively in order to meet delivery schedules. With that said, according to Indeed.com, a truck driver can expect to earn up to $106,496 per year, all without having to deal with the stress of an office environment. Read more…
Humbled-based U.S. Logistics Solutions (USLS) has laid off over 2,000 employees via text messages and conference calls noting that operations were to be shuttered. The sudden decision by the Charlotte, North Carolina-based private equity firm, Ten Oaks Group, to halt funding “did not come with the customary WARN notice—a federal requirement that mandates a 60-day warning for mass layoffs.” Read more…
Insights from CEOS and Directors have helped “in the quest to discover the most fertile grounds for recruiting the next generation of warehouse and logistics talent.” These Execs have revealed their top schools for finding interns and recent grads, from the best schools for supply chain talent to the best ways for tapping into the array of local talent pools. Read more…
There isn’t much to write home about in regards to Truck transportation jobs in June, with the Bureau of Labor Statistics reporting jobs dropping by the smallest of increments: “Changes up or down are reported by the BLS in increments of 100 (unless they’re zero), and that is the change reported by the BLS for June: a decline of 100 jobs to 1,548,600 jobs.” Read more…
