DRIVER SHORTAGE

As the saying goes…if you bought it, a truck brought it. The booming economy and demand for goods is highlighting a nationwide driver shortage across all industry segments… intermodal, long-haul, short-haul, tanker, flatbed, refrigerated, construction.
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The shortage has gotten so severe there is talk about gas shortages this summer. The shortage would not be due to the lack of fuel but rather the lack of drivers to transport and deliver it.

The trucking industry needs to add 110,000 drivers per year to keep up with demand. In order to do that, driver pay is on rise.

Latest News

UP AND DOWN

Cargo theft continues to be a big problem for the supply chain. According to Verisk CargoNet, while the quarterly incident count is down 26% year over year, the value of the thefts is on the rise, up 125%. Organized criminal networks are targeting high-value cargo....

KEEP ON TRUCKING

Happy National Truck Driver Appreciation Week! We thank all truck drivers including Orrin Asmus, who turned 94 last month, and is the oldest truck driver in the world. Appreciation week is September 13-19. Please thank a trucker!

ROUTE 66 TURNS 100

In 1926, the American Association of State Highway Officials and the Bureau of Public Roads adopted the uniform highway numbering system we know today. It took twelve years to finishing building the first coast to coast paved roadway, and it became the iconic Route...

CANADA IN CROSSHAIRS

There is relative stability on the tariff front. The International Emergency Economic Powers Act (IEEPA) tariff refunds are being processed. Twenty-fives states sued the Administration over the Section 310 (forced labor/unfair trading practices) tariffs claiming they...

NEWS FROM PANAMA

The on-going, El Niño induced, drought in Panama has resulted in increased restrictions in canal crossings. Effective September 3rd, the draft will be further restricted to 47.5 feet and vessel transits will be reduced to 9 in the Panamax lock and 25 in the original...

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