January 8, 2025
As we look ahead to 2025, the logistics and supply chain industry faces significant challenges. The threat of carrier strikes is growing. Rising pressure on carriers to meet demands for lower costs and higher efficiency could lead to widespread strikes, disrupting supply chains globally. Navigating these challenges will be key to maintaining success.
Victor Louis, President of One Logistics Network, explains: “The economic cooling post-COVID caused truckload rates to plummet. This, combined with an oversupply of drivers and increased driver output, created one of the worst economic markets for transportation since 2009. As rates increase, driver output (miles driven) goes down.”
During COVID, Louis observed a 25% decrease in driver output. This decline led to a demand for new drivers. However, as the economy cooled and rates fell, driver output increased, leaving an oversupply of drivers today.
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