The Ontario Trucking Association reported on TCP’s first quarter Business Expectations Survey which that found that for the past three quarters carriers have continued to be optimistic for volumes and rates in the year ahead. Click here to read more.
CNBC.com reports that while the U.S. GDP is improving, there are still a number of jobs that are difficult to fill. In addition to software developers, accountants, and nurses, there is a shortage of qualified truck drivers. Data from TCP’s fourth quarter 2011 Business Expectations Survey is cited stating that the driver shortage has improved slightly but 70 percent of carriers still report empty seats. Click here to read more.
An article by InsuranceNews.net reports that the rising costs of health care not only put financial pressure on the bottom line for carriers, but also makes it more difficult for them to recruit drivers and independent contractors. Click here to read more about how health care costs are affecting the transportation industry.
The impact of health care changes on carriers is discussed in a recent article by Bulk Transporter which highlights the findings of TCP’s fourth quarter Business Expectations Survey, most notably that 80% of surveyed carriers say that these changes will adversely affect business. Click here to read more about how carriers are planning to shift costs.