With the shortage of lorry drivers, it could be beneficial to move some road freight to rail freight. This move could mean that cities and roads will become less congested and can help to achieve net zero carbon emissions by 2050. Just one freight train can take 76 HGV’s off the road, meaning that the lorries that are sat in depots will no longer be needed, saving road freight businesses money in the long run.
Currently, there are reports of there being a massive lorry driver shortage, which could have knock-on effects for the average consumer. Prices in shops are expected to rise, as the wages of lorry drivers also rise.
Like many other industries, modern technology has infiltrated logistics, freight and transport resulting in Freighttech, short for Freight Technology which is an offshoot of similar industrial technologies. Technologies such as the Industrial Internet of Things (IIoT), cloud computing, machine learning, real time data systems and advanced GPS have been tailored to logistics.
Freight transportation has been an essential, cost-effective shipping method all over the world. The trucking industry is particularly prominent in the United States with a long history dating back to World War I. Improvements in technology have always paved the way for improvements in the industry. It’s come a long way from the early days of the interstate highway system when the majority of the roads were unpaved.
According to a new whitepaper from Transport Intelligence (TI), airfreight rates are expected to remain at an elevated level for the foreseeable future while freighters are expected to gain a market share. Transport Intelligence predicts that structural change in the airfreight market will be highly likely and will be as a result of the COVID-19 pandemic.
According to an industry panel, vaccinations against COVID-19 will eventually be transported by sea freight when the sector is able to demonstrate reliability and availability of appropriate technology.
The number of vaccine shipments now being transported by air are increasing dramatically as more products and inoculation plans are being launched. Below is a timeline outlining the key updates on transportation from the perspective of many sectors of the logistics industry.
Logistics companies have been told to get creative as high rates and capacity shortages are expected to continue.
Britain’s referendum decision to leave the European Union has had a colossal impact on the world. From fluctuating currencies to mounting uncertainty, this outcome has affected a lot of people in many different ways particularly those that engage in international shipping.
The logistics industry made an incredible effort to deliver for the nation in 2020, despite a shortage of HGV drivers, economic and financial hardship and significant disruption to operations as a result of the ongoing COVID-19 pandemic, confirmed Logistics UK.
