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.
Artificial intelligence can improve driver utilization and maximize fleet efficiency
Trucking companies everywhere are always looking for ways to become more efficient. Whether it’s driver or truck utilization or something else, most fleets have areas they could improve on.
Biden Maneuvers to Try to Avoid Devastating Rail Strike
Any stoppages would set off a rush among farmers and retailers to secure trucks to move their goods, most likely pushing up spot prices in the trucking industry and adding to cost inflation for industries that rely on trucking, said Priyesh Ranjan, the chief executive of Vorto, a supply chain platform.
Melissa Williams, a trucking owner/operator
Melissa Williams, a trucking owner/operator; A new report on peak retail season; What the latest Logistics Managers' Index numbers tell us about our supply chains
Anxieties Rise in Trucking Market With Fears of ‘Great Purge’
Trucking industry insiders and analysts have warned of elevated risk of trouble for the industry in coming months, as low trucking spot rates and diminishing demand for goods lurk on the horizon, boding ill for trucking companies and their employees.
Staying Afloat In The Trucking Market On A Rainy Day As A Small Fleet Business
A hearty welcome to the 47th edition of The Logistics Rundown, a weekly digest that aims to put some perspective on what’s brewing within the logistics industry. This is a space where we religiously dissect market trends, chat with industry thought leaders, highlight supply chain innovation, celebrate startups, and share news nuggets.
Inefficiencies and Shifting Demographics Inherent in Trucking Issues
Trucking industry challenges have been exacerbated by the coronavirus pandemic. But the heart of the long-standing problem isn’t driver shortages, says Priyesh Ranjan, CEO of Vorto, a Denver-based automated supply chain software provider. Rather, it’s inefficiency and shifting demographics.
Diesel prices ease a bit but remain high
Nationwide average for trucking’s main fuel drops 11.6 cents to $5.134 per gallon, breaking a fever from weeks of rapid increases.
Vorto, UChain create platforms to decrease driver downtime
The trucking industry has been carrying a significant portion of blame for supply-chain issues that continue to affect stock on American shelves, but industry experts say a truck driver shortage isn’t one of the underlying causes.
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.
