Carriers could pay higher wages to address driver shortage
A shortage of experienced drivers means carriers are hesitant to increase capacity, despite rising carrier costs and rates, according to the quarterly Transport Capital Partners Survey. To address the problem, carriers surveyed expect driver wages to increase by up to 10 percent in 2015. In the TCP survey, more than 90 percent of carriers expected driver wages to increase by 6 to 10 percent, double the expectation from six months ago.
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