Rising costs and lack of drivers means it's still a bumpy road for hauliers
The road haulage sector is still facing rising operational costs, and transport companies have “little choice” ...
The UK is not alone in facing a driver shortage. Across the pond, projections suggest that if things stay as they are, the US could be facing a 174,000 haulier shortfall by 2026. This piece from Supply Chain 24/7 looks at American Trucking Association’s quarterly report on how the market is faring. Despite the driver shortage dropping from 45,000 to 36,500 between 2015 and 2016, the news is not bright: the number is set to hit 50,000 by the end of the year.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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