Remove contact
article thumbnail

Burgeoning Freight and Logistics Demands to Fuel Recovery of China’s Commercial Truck Industry

Frost & Sullivan Manufacturing

Key drivers in this revival will be burgeoning transport and logistics needs, particularly for eCommerce retail deliveries, the need for periodic truck replacements to align with stricter new emissions standards, and government impetus in the form of subsidies and incentives. It is projected to nearly double to 4.3

Freight 52
article thumbnail

DAT Releases 2023 Freight Focus Report

Fastener News Desk

DENVER–(BUSINESS WIRE)–From new consumer buying patterns to dramatically higher costs for fuel and labor, truckload freight professionals faced fresh challenges in 2022 that have led to a more measured, data-driven approach to 2023, according to a new annual report published by DAT Freight & Analytics.

Freight 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Packer Fastener Celebrates 25 Year Anniversary

Fastener News Desk

The family of companies now also includes Packer Freight – a freight brokerage and logistics company; and Albolt Manufacturing – a manufacturer of specialty fasteners. 2019 The Packer Fastener family expands with the addition of its sister company, Packer Freight—a freight brokerage and logistics company.

Freight 59
article thumbnail

Mainstreaming of Video Solutions to Transform Connected Truck Telematics Market in the Near Future

Frost & Sullivan Manufacturing

Among key trends that will shape the market in 2023 include the mainstreaming of video solutions, the growing prominence of digital freight mobility platforms, and the expanding incorporation of AI and machine learning (ML) across most telematics systems. As in other industries, the use of AI and ML in the telematics industry will expand.

Freight 52
article thumbnail

Another Turn of the Wheel: Test Runs of Class 8 Autonomous Truck Fleets to Begin on Public Roads in the US

Frost & Sullivan Manufacturing

Autonomous trucks have long been seen as the solution to overburdened road freight networks and inefficient logistics chains. Our forecasts indicate that Level 4 autonomous trucks – if commercialized as anticipated by 2024-2025 – have the potential to transport about ~22% of the annual freight tonnage in the US by 2040.

Freight 52
article thumbnail

The Benefits of a Smart Connected Commerce for MSMEs in APAC

Frost & Sullivan Manufacturing

Adoption of technological trends boosted last-mile operations and created new customer expectations,” explained Janesh Janardhanan , Practice Area Leader – Advisory, Supply Chain & Logistics, Asia Pacific, Frost & Sullivan. Adopt smart business logistic solutions as eCommerce expands and the number of parcels rise.

article thumbnail

How 3D printing is reshaping the future of supply chains

Manufacturer's Monthly

Supply chain issues started with COVID-19; however, they’re also affected by intensifying geopolitical tensions, increased consumer demand, labour shortages, inflation, depleted inventory levels, and increased freight costs. We’ve identified five emerging trends impacting global supply chains in 2022: logistics disruptions.