Inbound Logistics | January 2024

TAKEAWAYS

across their industrial supply chains. Fifty-two percent of CEOs view climate change as an existential threat caused by human activity. In 2024, companies will make sustainability a business goal with more investment in measuring and tracking tools to prioritize decarbonization of their operations. • Investing to ght a skilled labor shortage. Nearly four years post-pandemic, there remains a shortage of more than 600,000 manufacturing jobs waiting to be lled. As American manufacturing becomes more high tech, CEOs remain worried about attracting highly skilled talent. According to Xometry’s research, more than half (56%) of CEOs said they struggle nding qualied employees in today’s tight labor market. • Pushing aside politics. Xometry’s Q4 CEO survey shows a near 50/50 split on whether Democrats or Republicans will better support manufacturing and the economy at large. The priorities remain non-partisan: bipartisan collaboration, public-private partnerships that invest in skilled labor, and proactive assistance from the federal government for the reshoring of manufacturing.

QUICK TAKE: SECTOR SENTIMENT • 74% of supply chain professionals foresee positive growth in the global container shipping industry in 2024. • 53% expect an increase in container prices, 26% anticipate stability, and only 21% express pessimism about price decline. • 30% of supply chain professionals say forecasting and planning is the most important area of business to improve with technology in 2024, followed by real-time visibility and tracking (24%), collaboration and connectivity (27%), and process automation (18%). Source: Container xChange Industry Speak Survey

LESS THAN TRUCKLOAD WE PROMISE, WE DELIVER.

EXPEDITED FLAT BEDS TEMP CONT PORT DRAYAGE YARD MGMT SUPPORT FULL TRUCKLOAD POWER ONLY AUTOMOTIVE PARTS FOODSTUFFS LOGISTICS

SyfanLogistics.com

855.287.8485 | 770.287.8485

January 2024 • Inbound Logistics 43

Powered by