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 driver shortage in the UK is small change compared with the challenge facing the US road freight industry. Freightwaves has analysed the numbers produced by the American Trucking Association’s chief economist, Bob Costello, and the future looks pretty grim. The headline figure is that there could be as many as 175,000 unfilled positions by 2026, with the current shortage estimated to be about 50,000. The problem is magnified by the fact that truck productivity appears to be on the wane in the US.
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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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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