 "Truck tonnage rose 8.8% in January on a year-over-year basis, according to American Trucking Associations’ monthly for-hire truck tonnage index.
The news also was good on a sequential basis as tonnage increased 2% from December to January. The seasonally adjusted index was 111.6 last month, up from 109.4 in December." Read more here: Tonnage Rise Pushes Spot Rates Higher – Burney Simpson, Transport Topics  Economists debate how close the U.S. is to full employment, but less often discussed is where the most crucial constraints are in the labor market. . . . [T]ruck drivers are a different matter, because of how crucial freight is to the U.S. economy. And for a variety of reasons, it’s truck drivers that represent the most worrisome constraint on U.S. economic growth at the moment. . . .
The trucking industry is unique because it’s the lifeblood of moving goods around the country, representing 70% of the nation’s freight volume by weight. Without enough trucks and drivers on the road, some combination of things is going to happen: Shipments will be delayed, and producers will have to pay higher prices to get goods to market." Read more information: The US Is Running Out of Truckers – Conor Sen, Transport Topics |
We are attsProven freight brokers helping shippers and purchasing professionals navigate the complicated world of shipping. Archives
March 2020
Categories
All
|
RSS Feed
|
|
|
HoursM-F: 8am - 6pm
|
Telephone847-726-9580
|
|
Disclaimer: ATTS Logistics provides attsinc.com as a service to the public. ATTS Logistics is not responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance on any information contained within this website. Although attsinc.com may include links providing direct access to other Internet resources, including websites, ATTS Logistics is not responsible for the accuracy or content of information contained in these sites. Links from ATTS Logistics to third-party sites do not constitute an endorsement by ATTS Logistics of the parties or their products and services.
© ATTS LOGISTICS 1999-2020