Who Will Power the Supply Chain of the Future?
by Adam Felts
AgeLab Director Joseph Coughlin writes on how his experience at a local tire shop echoes broader issues of shortfalls in the transportation labor force:
While many industries are confronting a labor crunch, transportation’s talent supply chain is facing a triple threat of labor shortages that begin with recruitment and retention challenges, compounded by an imminent retirement wave, and coupled with a coming technology transition ...
The shortage of longshoremen and drivers has made the endless line of waiting ships off the coast of Long Beach, California iconic. And, just as $1 trillion of federal spending to rebuild the nation’s infrastructure is set, there is a shortage of construction workers to repair crumbling roads, ports, and rails. According to an analysis by the Associated Builders and Contractors, there were 396,000 open construction jobs in March 2022 — a full 60,000 more than the year before.
Read Dr. Coughlin's thoughts in full on MarketWatch.