Transportation Trends: What’s Going on in the Trucking Industry?
OCTOBER 14, 2019
Coming into 2019, issues like the tariff wars, driver shortage, and rising freight rates were high on transportation managers’ radar screens. The current driver shortage, which the American Trucking Associations (ATA) estimates to be over 50,000 drivers, and the competitive freight market have served to boost driver pay, benefits, and bonuses over the past year. Freight rates have leveled off (and even retreated, in some cases).