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Increased Driver Pay

The driver shortage continues, but the industry has seen efforts to retain and recruit drivers.  Finally, driver pay this year shows a staggering increase compared to the same time in 2017.  Companies are also offering wider incentives and sign-on bonuses in order to employee drivers, but is that enough?  Read more about the new trend [...]

By |2019-01-03T14:16:02-07:00June 28th, 2018|General|

Shortage of Drivers Brings Unprecedented Increase in Costs

For those of us in the logistics industry, we’ve long heard about the looming driver shortage and its impact on capacity and trucking costs.  Now, even those outside of the industry will start feeling its impact at the cash register.  Long hours, time away from home, low pay and government regulations on drivers and carriers [...]

By |2019-01-03T14:16:02-07:00June 7th, 2018|General|

Electronic Logging Device Mandate

The Electronic Logging Device mandate went into effect December 18, 2017 and has seen a less than ideal start.  The ELD mandate is a regulation that says US truckers and trucking companies must record driver's hours of service digitally and cease use of paper logs to track drivers' time behind the wheel. Shippers, who were [...]

By |2019-01-03T14:16:02-07:00May 21st, 2018|General|

Higher Freight Costs Could Lead to a Raise in Interest Rates

The federal ELD mandate is adding to the already tight capacity market creating even more headaches for shippers. Big time corporations are seeing lost profits due to logistics and increased shipping expenses.  With the higher costs of freight, analysts fear a raise in interest rates could be on the horizon.  Couple the increased cost with [...]

By |2019-01-03T14:16:03-07:00May 8th, 2018|General|

Higher Demand + Lower Capacity = Higher Rates

The trucking business can be fickle, the start of 2018 saw such growth in demand due to the resurging economy and tight capacity due to the driver shortage.  A strong economy and higher demand are definitely good things, but when capacity can’t keep up it leads to a challenging climate for shippers including rising transportation costs. [...]

By |2019-01-03T14:16:03-07:00April 18th, 2018|General|