Posts Tagged ‘trucking’

The Drayage Industry Continues to Feel the Impact of Worsening Truck Driver Shortage and Chassis Problems at the Ports

Transportation budgets represent one of the highest costs for most shippers to get their products to the end customer. Driver salary is the second largest operating cost (behind diesel fuel) and the shortage of qualified drivers is perhaps the biggest factor pushing up the rates shippers pay for capacity. The drayage industry is already facing […]

Transportation: Recession and Recovery

This latest recession took an especially large toll on the U.S. Industrial markets. While the overall economy lagged with a 3-4% contraction, the Industrial Production Index (production excluding technology) showed a peak to trough drop of 18%. This monumental drop in the industrial markets has had a drastic effect across all transportation sectors and modes. […]