In the first half of 2018, a convergence of forces is disrupting the complex ecosystem of manufacturers, carriers, and third-party logistics (3PL) partners that comprise the U.S. shipping and logistics industry:
- Freight volumes are expanding across the board due to the strong U.S. economy.
- A nationwide driver shortage leaves fewer drivers on the road overall.
- Electronic logging device (ELD) policies implemented in late 2017 mean drivers are on the roads less hours than they used to be.
As a result, there’s more freight to ship and fewer people — operating under more strictly regulated hours — to move it where it needs to go.