Current trucking capacity is contracting:
- Loosing 5,400 jobs in May vs. April (Seasonally adjusted)
- Cutting 29,600 jobs over the past year.
But future capacity is rising as orders for Class 8 big rigs increased:
- 25% May vs. April
- 37% over last year
Our client for 32 years, P & G, talked about end-to-end supply chain management initiatives to cut costs:
- Leveraging retailer delivery fleets to cut deadhead miles
- Automatic truck unloading
- Driverless trucks.