New projections say business travel won’t return to 2019 levels for 4 more years
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But let’s talk about travel. Before the pandemic, business people were often hopping on airplanes and taking long drives in order to keep operations flowing. However, things have changed. Even though we seem to be past the brunt of it, business travel hasn’t picked back up as quickly as was once expected - now the forecast is showing it will reach 2019 levels again until 2026 due to inflation and labor shortages.
Check out today’s featured article from CNBC to read about the projections for business travel over the next several years and the challenges that may continue to create hurdles for the travel industry. ☕️
Plane Airplane GIF via GIPHY
Featured Article:
Business travel spending might not return to pre-pandemic levels until 2026 - CNBC
“Business travel spending will take two years longer than previously forecast to recover to 2019 levels.”
Hours of Service ⏰
ELD data shows truckers leaving hours on the table due to growing operating expenses
FleetOps, a Toronto-based capacity aggregation and freight matching software provider, analyzed data from electronic logging devices (ELDs) and came up with some surprising conclusions. ELDs are sensors that record drivers’ road time and compliance with hourly regulations standardized by the Federal Motor Carrier Safety Administration (FMCSA).
The telematic data gathered from ELDs show that drivers are leaving available working time on the table. When 915 carriers and drivers were surveyed in July, 71% claimed they were driving less due to rising fuel costs and lack of wage increases.
Trade & Border Issues 🗺
The import slowdown was caused by inflation: will it pick back up?
The Covid-19 pandemic caused an import surge that flooded the supply chain with too much product for months - but inflation seemed to have the opposite effect. Now, there is an influx of products sitting in containers at ports or in warehouses. Large demand from retailers in the U.S. have left the economy in a pickle - what do we do about this epic slowdown?
The consumer behavior shift was a result of inflationary pressures from energy and fuel costs. They are more likely to spend money on crucial items like healthcare or groceries over television sets and clothes.
Business Strategy 💡
Project Logistics: The Basics of Anything But Basic - Inbound Logistics
“It’s not every day in transportation and logistics that you are involved in a star-studded movie premiere with both Hollywood royalty and actual members of the British monarchy in attendance.”
The Big Sigh - Supply Chain Shaman
“I hopped on the plane in Baltimore on my way to Atlanta last week.”
Five Ways to Avoid, Absorb and Recover from Supply Chain Disruptions - SupplyChainBrain
“According to a January 2022 Gartner Supply Chain Executive Report, 68% of supply chain leaders have constantly been responding to disruptions since the beginning of 2019.”
Advancing the digital supply chain with strategic sourcing - Supply Chain Digital
“As supply chain disruptions continue, strategic sourcing is one-way companies can enhance sustainability, resilience and drive digital transformation".”
Ports 🚢
FMC considers mandate for shipping lines, terminals to share data - Supply Chain Dive
“The Federal Maritime Commission said Thursday it is considering an emergency order that would require shipping lines and marine terminal operators to directly share cargo throughput and availability data with shippers, truckers and railroads.”
“Global terminal operators are showing an increased appetite for higher-risk greenfield projects in the wake of the COVID-19 pandemic, according to industry analyst Drewry.”
Leases & Loans 💵
Federal grant helps advance Southern Utah multimodal logistics facility - DC Velocity
“$445,000 grant will fund research and planning of facility and infrastructure in Cedar City, Utah.”
Industry Forecast 📊
Quest for Quality 2022: Third Party Logistics (3PL) - Logistics Management
“Third Party Logistics (3PLs) providing world-class service through highly-uncertain conditions.”
Freight Demand Wavers; Taiwan Strait Alarms; Exporting U.S. Technology - The Wall Street Journal
“U.S. freight demand is in a decidedly lower gear heading into the critical fourth quarter.”
Trucker’s Lounge 🧢
Truckers step up to help person experiencing mental health crisis in Omaha - CDL Life
“The Nebraska State Patrol (NSP) thanked a group of truckers who used their vehicles to assist with a person suffering from a mental health issue on an overpass on Monday.”
Fuel ⛽️
Diesel Falls 8.2¢ to Reach $4.911 a Gallon - TT News
“The national average price of diesel continued on its downward path, dropping 8.2 cents to settle at $4.911 a gallon, according to Energy Information Administration data released Aug. 15.”
Inflation 💸
Hot dogs vs deli meat; rising costs shape choices at Walmart - AP News
“With inflation hovering near levels not seen in 40 years, higher income Americans turned to Walmart to cut costs on groceries while its lower-income customers swapped out deli meats for less expensive hot dogs and canned tuna.”
Air Cargo ✈️
Shippers pull back from air cargo as ocean reliability improves - Supply Chain Dive
“Air cargo volumes fell 9% YoY in July, continuing a downward trend as global uncertainties and a shift back to ocean transport weigh on demand, according to a news release from Clive Data Services on Wednesday.”
Human Resources 📝
Amazon audit reveals wage, benefit issues at 40% of potential suppliers - Supply Chain Dive
“Amazon reported that 40.6% of its suppliers and potential partners audited last year had wage and benefits issues as the company works to strengthen relationships with suppliers and their workers.”
Warehousing 📦
Hot warehouse demand drove jump in “megawarehouses” in first half of 2022 - DC Velocity
“Market headwinds constrain smaller companies, but large retailers and 3PLs signed deals for 37 sites of 1 million square feet or more, CBRE says.”
Supply Chain News: Just how Many Warehouses across the Globe are There? - Supply Chain Digest
“How many warehouses of at least 50,000 square feet are there globally?”
FedEx Freight opens new facility in hot Phoenix market - Transport Dive
“FedEx Freight opened a 218-door facility in Phoenix earlier this year as the LTL carrier looks to take advantage of the growing market, according to a news release Aug. 8.”
Network Association 🤝
Logistics Giant DSV Targets U.S. in Renewed Acquisition Drive - SupplyChainBrain
“The logistics sector’s most aggressive mergers-and-acquisitions player is back in the market and looking for a big catch, says The Wall Street Journal.”
Sustainability ♻️
Sustainability is now on your agenda - Supply Chain Management Review
“As supply chain professionals, we now have the additional responsibility of enforcing sustainability and circularity throughout our supply chains.”
Trimble’s productivity strategy increases fleet sustainability - FleetOwner
“The transportation technology company’s fleet productivity solutions are helping carriers reduce emissions while optimizing operations, according to executives who spoke at Trimble’s first in-person conference since 2019.”
Finding persistent invisible systems - Seth’s Blog
“Plastic was inevitable.”
“JPMorgan CEO Jamie Dimon believes that climate change can be addressed even if America decides to boost production of natural gas and oil.”
Safety 🦺
Florida brake inspection video at number one spot as Brake Safety Week rolls into view - CCJ Digital
“What exactly will inspectors be looking for this Sunday at the start of Brake Safety Week? Good question.”
NTDC, Inspectors Tournaments Kick Off in Indy - TT News
“August, typically a time for vacations or just a little bit of respite, will offer no such things for the qualifiers of this week’s National Truck Driving & Step Van Driving Championships in Indianapolis.”
The Workday Dash is an aggregation of articles regarding the transportation logistics, trucking, and supply chain industries for July 31, 2025, from iLevel Logistics Inc.