What trucking can tell us about the economy?
Trucking is providing one of the few bright spots to the flagging U.S. economy as tight capacity and a driver shortag e push contract and spot rates higher across vans, flatbeds and refrigerated trucks. DAT Solutions said van spot load rates in September were up 28.8% compared with a year ago.
Why are truck drivers going on strike?
Why did they go on strike? The drivers are members of the Transport Workers' Union (TWU) and they are negotiating over their new enterprise bargaining agreement, which determines pay and conditions.
What are the largest trucking companies in the United States?
- United Parcel Service – UPS annually delivers millions of packages to millions of customers all over the world. ...
- FedEx – this is another world-renowned delivery company, with more than a million employees around the globe, and is routinely rated at the top for customer service and customer satisfaction. ...
- J.B. ...
Is there shortage of truck drivers in the US?
The trucking industry is struggling with an issue that affects the entire economy – truck driver shortage. The reason that the truck driver shortage has such a significant impact is that almost 70% of freight is transported through U.S. highways.