Posted June 14th, 2018 by Munley Law.
Why is there a truck driver shortage?
The trucking industry is in need of truck drivers. The shortage of truck drivers in the past 15 years has been a burden on the trucking industry. The shortage of drivers has seen delayed deliveries, and higher prices on goods all over the U.S. According to the American Trucking Association, more than 70 percent of goods are moved by the trucking industry, and more than 900,000 new truckers are needed to pick up delivery demands. The shortage of truckers has forced some major retailers to pay higher prices on shipments so that they may arrive on time.
This desperate time has lead the trucking industry to increase pay for truckers by 15 percent just to attract new entrants in the industry. They are also offering sign-on bonuses to new truckers, and major pay raises. Despite the enticing higher wages, […]Read More