FROM THE DRIVER’S SEAT

November, 2017

ELD’S SHRINK CAPACITY, EXACERBATE DRIVER SHORTAGE AND INCREASE RATES

We have covered the disrupting effects of electronic logging devices (ELD’s) in our newsletter over the past few months.  The requirement will decrease capacity in an already tight market, which is resulting in price hikes.  Rather than have us rehash the issue, read below just a few of the recent headlines on the subject:

Conditions for shippers worsen as rates rise, capacity shrinks
FreightWaves, October 31, 2017

Under pressure, US transport rates keep rising
JOC, October 27, 2017

America’s shortage of truck drivers could affect prices and cause delivery delays
CBS News, October 26,  2017

Shippers ready to “bear the brunt” of higher trucking rates as ELD implementation set to begin Dec
Logistics Management, October 23, 2017

Driver shortage could hit all time high this year
Truckinginfo, October 22, 2017

Freight rates poised for big surge
American Trucker, October 18, 2017

Truckload carriers pitch to hike rates driven by ELDs, driver pay, hot market
Transport Topics, October 16, 2017