If 2023 was the cusp of a transformation for 3PLs, 2024 will be the era of implementation. It's time for 3PL providers to decide what technology and strategy is going to propel them forward to a sustainable and efficient future.
Inflation Rises While Driver Salaries Stay Stagnant
The “driver shortage” is primarily a function of poor utilization resulting in inconsistent and low income, which in turn drives qualified CDL drivers out of the industry in droves.
Vorto Optimizes Trucking Ecosystem
A new platform named 5F from Vorto aims to create more opportunities for drivers and capacity for shippers. The fully integrated transportation platform creates access to cross-industry owner operators for shippers and carriers. Vorto hopes to maximize utilization rate and earnings for drivers and at the same time reduce the cost of inflation.
