News

The federal government just confirmed what America’s 1.8 million truck drivers have been saying for years: The truck-driver shortage doesn’t really exist

The truck-driver shortage has been a hot topic over the past year. But dozens of truckers have told Business Insider it doesn’t exist. A new report from the Bureau of Labour Statistics confirmed what truck drivers have long said and indicated the trucker labour market is similar to all blue-collar-occupation […]
The federal government just confirmed what America’s 1.8 million truck drivers have been saying for years: The truck-driver shortage doesn’t really exist
Markets

Here comes trucking giant JB Hunt…

JB Hunt, one of the biggest trucking companies in the US, is set to report fourth-quarter financial results after Thursday’s closing bell. JB Hunt and many other truck giants have been under pressure recently. Watch JB Hunt trade live. JB Hunt, one of the biggest trucking companies in the US, […]
Here comes trucking giant JB Hunt…
Strategy

Only 6% of US truck drivers are women — but the data suggests they’re safer drivers who are less likely to quit their jobs

There aren’t many female truck drivers. Companies rarely target women in their recruiting practices. However, data suggests that women are safer truck drivers, and they could help lessen the truck driver shortage. There’s something unusual about Peoria, Arizona-based Roadmaster Group: 37% of the truck drivers are women. Industrywide, only 6% […]
Only 6% of US truck drivers are women — but the data suggests they’re safer drivers who are less likely to quit their jobs
Strategy

Household staples from Hershey’s chocolate to Crest toothpaste will get more expensive next year, and executives are partially blaming the ‘overrun’ trucking industry

Amazon Prime, General Mills, and Tyson Foods said they increased prices in 2018 due to bottlenecks in trucking. 2019 will bring more price hikes from companies like Proctor & Gamble and Hershey’s. Freight rates have seen record jumps in 2018, and they will likely continue to climb in 2019. It’s […]
Household staples from Hershey’s chocolate to Crest toothpaste will get more expensive next year, and executives are partially blaming the ‘overrun’ trucking industry
Strategy

The US has a major truck driver shortage — but the co-founder of a trucking startup that’s attracted $80 million in funding says there are 3 other problems that are making the shortage seem worse than it is

The truck driver shortage has dominated America’s headlines in the logistics space this year. However, TransfixCEO Drew McElroy said the driver shortage isn’t the only thing that’s dragging the industry down. With billions of miles being driven empty every year and technology like GPS not being widely implemented, McElroy said […]
The US has a major truck driver shortage — but the co-founder of a trucking startup that’s attracted $80 million in funding says there are 3 other problems that are making the shortage seem worse than it is
Strategy

Truck drivers’ salaries are experiencing an ‘unprecedented’ jump, but it’s not enough to end the driver shortage that’s making everything more expensive

Truck drivers’ salaries are on the rise, thanks in part to a shortage of drivers. The shortage has been brewing for decades, but the recently passed ELD mandate has exacerbated trucking‘s tight labour market. Under ELD, truckers can drive no more than 11 hours a day. Drivers’ salaries are still […]
Truck drivers’ salaries are experiencing an ‘unprecedented’ jump, but it’s not enough to end the driver shortage that’s making everything more expensive