According to forecasts by the American Trucking Association, the trucking industry must hire 90,000 new drivers per year for the next 10 years to bridge the “Supply vs. Demand” deficit. Considering the diminished interest in frontline Transportation careers, overcoming this shortage is deemed highly unlikely. During this same duration, freight volumes will grow 3% per year with cost increasing at nearly twice that rate. The paired impact of these trends will force unprepared retailers to either accept reduced profit margins or pass these costs on to their customers. Successful business models will leverage optimization strategies to gain the interest of reliable Transportation options. This approach will enable companies to protect service at a reduced cost and materialize as a significant competitive advantage.
For more information on Optimization solutions, please contact us at info@qnael.com. We look forward to working with you and your team soon to achieve excellence.
INDUSTRIES
With the average age of commercial truck drivers ranging from 49-52 years old and freight volumes continuing to climb, the trucking industry will need to hire 900,000 new drivers by 2028. Experts believe bridging this gap is highly unlikely to impossible. Seeing that trucking services 70% of the Nation’s consumed tonnage, the absence of effective solutions will produce significant economic impact for many businesses. Q & A’s Team of Subject Matter Experts offer scalable training and effective solutions to help minimize the impact of what is sure to result in significantly increased costs for all touch points in the Supply Chain.
Trucking
Shipping
All businesses reliant on LTL shipping have experienced price increases related to tendering “Non-stackable” freight. In all reality, the likelihood that the finished product will result in a platform fit to stack upon is not the norm. This undesired effect is driven by any combination of several variables contributing to this process and often cannot be avoided or corrected, based on available industry knowledge. This subjects shipments to unreasonable classification and increased rates based on what is referred to as a lack of Stowability. Q & A’s 5-Point Freight Building Program provides for a unique and effective solution that creates Stowability and will significantly reduce shipping costs.
Transportation and Logistics
Successful business models rely on process compliance, they are rarely given the opportunity to step outside of the box do an objective review. Identifying less than optimal methods can be extremely challenging due to the fact that we are very often working ‘in the business’, rather than ‘on the business.’ With so many variables in the equation, significant financial opportunities easily go unnoticed. These facts are particularly relevant to the world of Logistics, which has experiencing dramatic change for the past 20 years.
Our Team of Subject Matter Experts may be able to perform a free initial operational review to determine if opportunity exists and to what extent. Our solutions are self-funded and realized for a fraction of the significant financial return they produce. We look forward to working with you to helping you gain a competitive advantage.
