Headwinds affecting trucking that included modest recovery growth along with the lack of acceleration in contract-rate increases are accompanied now by increased labor and recruiting overhead costs
The shortage of truck drivers in both Canada and the U.S. will eventually cause prices to rise for consumers if the situation isn’t resolved, reports the Windsor Star.
A new GE Capital survey of 413 executives with global responsibility for company fleets at middle-market firms reveals that nearly one-third (27%) expect to increase the size of their fleet
Over the last two decades most bankruptcies have been related to the price of diesel fuel. When fuel prices go up at the same time demand drops then more fleets close their doors
The myriad of regulations in the U.S. could leave the trucking industry having to hire twice as many drivers by 2018 as it does today to offset productivity losses