Trucking industry C-level talent is in high demand
Good morning! It’s Martin Luther King Jr. Day & Civil Rights Day today.
As we celebrate Martin Luther King Jr. Day, we are reminded of the importance of standing up for what is right and fighting for justice and equality. In the world of the supply chain, this means ensuring that our practices are fair and equitable for all members of the supply chain, from the farmers and manufacturers to the truck drivers and warehouse workers. Let us honor Dr. King's legacy by committing to making our supply chain a more just and equal one
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Executive-level leadership in the trucking industry is looking a little bit like a game of musical chairs. Some of the largest players in the game have announced big personnel changes over the last month - and the shake-up has some wondering what it could mean for the industry as a whole.
Check out today’s featured article from Transport Dive to read about the growing desperation for specific executive talent in trucking companies. Can fresh leadership change an aging industry? VP of High Road Partners, Jon Fricke, is sounding off. ☕️
Featured Article:
What trucking companies want in tomorrow’s executives — and why it’s hard to find | Transport Dive
“One executive recruiter said many boards want “specific talent from one of their direct competitors” that will immediately begin making a difference.”
American Poitics & Safety ✈️
Airlines claims FAA needs more federal funding after nationwide outage
If you’re one of the many unlucky souls who had a delayed or canceled flight last week due to the unprecedented FAA outage, you aren’t alone. Disrupting more than 10,000 flights on Wednesday alone, the Federal Aviation Administration blamed the system outage on personnel who “failed to follow procedure”. Wouldn’t want to be that employee.
Delta Airlines CEO Ed Bastian is calling for governmental action. Deeming the incident as completely unacceptable, Bastian spoke on CNBC’s “Squawk Box” about the need for Washington DC to step in and provide the proper funding and tools needed to operate a fluid air travel system in the United States. The FAA's air traffic control system is in need of modernization to keep pace with advancements in technology and increasing air traffic. Proper funding can help facilitate these upgrades.
Diversity & Human Resources 📋
Women should apply for the logistics job, regardless of perceived qualifications
CEO of Transflo Renee Krug has a bone to pick with gender disparities in the trucking industry. At the Women In Trucking Association’s Accelerate! Conference & Expo in November, Krug served as a keynote speaker and highlighted the trend of imposter syndrome among women in the industry. She encourages women to apply for the position regardless of perceived qualifications or lack thereof, citing the number of women who pass on opportunities simply due to the belief that they are lucky to be where they are.
The trucking and logistics industry has traditionally been male-dominated, with women making up a small percentage of drivers and other roles in the field. This gender disparity can be attributed to a number of factors, including societal stereotypes and biases, lack of female representation in the industry, and barriers to entry for women. Additionally, the industry's long-haul and overnight nature have been referenced as making it a less appealing career choice to women who may have caregiving responsibilities at home. As a result, women are underrepresented in the industry and may face discrimination and other challenges on the job.
Let’s Get Global 🌎
Like A Boss Sunglasses GIF By Toyota México via GIPHY
💨 Toyota’s new gig: meeting sustainability goals by converting old models into EVs. Why throw blueprints away, right? Chief Executive Akio Toyoda spoke of the company’s accelerated plan to meet sustainable vehicle goals by replacing the innards of vehicles already being manufactured in their factories. The update comes in lieu of some accusing the company that popularized the Prius of falling behind in the EV market of the 2020s. While Toyota has stated that all vehicles cannot be transformed into zero-emissions vehicles overnight, they do have goals they are excited to meet.
iLevel With You 🏡
More topics for the average American household to consider…
😷 Covid certainly left its mark on shopping. Nearly three years after the pandemic began rocking our world, supply chains remain deeply affected by the coronavirus’s havoc upon the labor population and the economy. Online sales skyrocketed at the time and sent companies scrambling to meet inflated demand. However, the trend has died down. Many companies are dealing with the prospect that they may have “grown too fast”.
🍺 Customers are sensitive to rising costs: including good beer. Constellation Brands, the owner of the Corona and Modelo beer brands, reported a 10% decline in shares - the largest dip since March 2020. Economy-wide inflation has forced many brands to pivot and adjust to keep profitable during the pandemic years. Beer sales may decline during an inflationary period due to reduced purchasing power and economic uncertainty.
GET SMART 🧠
Ramp up that brain power for these advanced topics…
🚛 What does the trucking industry have in store for 2023? FTR's “State of Freight” webinar analyzed this question and concluded that, due to the health of the economy, the trucking industry may be facing another wave of uncertainty. The demand for goods transport is waning, and the industrial production forecast is not anticipating any spikes.
🧢 Trucking is full of good stories this week. Check out some of the latest collected by Fleet Owner: including a family reefer business recognized by the British Crown and significant donations by Fullbay, the heavy-duty repair shop management platform, to charitable organizations.
The Workday Dash is an aggregation of articles regarding the transportation logistics, trucking, and supply chain industries for November 28, 2024, from iLevel Logistics Inc.