Japan's '2024 Problem' and the Global Impact of Population Shift on Trucking Industry
===============
#7e7cd86d ver:0.08
In Japan, the country's shrinking and ageing population is presenting significant challenges. The government has implemented new curbs that will limit truck drivers' annual overtime to 960 hours starting on April 1, 2024. This move is aimed at improving working conditions in the logistics industry and making the job more appealing. Japan's foreign worker population exceeded 2 million for the first time in 2023, as the country is loosening barriers to foreigners to sustain its economy. The restrictions on truck drivers' overtime highlight the major test the logistics industry is facing, with implications for the world's third-largest economy.
Meanwhile, in the United States, a population shift is expected to drive a tidal wave in the trucking industry. According to demographer Ken Gronbach...
#newstr #Japan #UnitedStates #TruckingIndustry #PopulationShift #Logistics #Economy