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
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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