Driver exits could extend capacity crunch
from Freight Waves
Shippers who are expecting the current trucking capacity crunch to end in the same manner it did in 2018-19, with carriers rushing to hire drivers and add equipment, may be left wanting. The Labor Department reported this past week another 1.4 million jobs were added to the economy in August. One would think the transportation sector would be the beneficiary of many of those positions due to the rapid recovery in the sector starting in May. In actuality, trucking has been slow to add drivers and capacity back into the mix, and the rapid job growth in other areas of the economy may be inhibiting some carriers’ ability to hire and retain workers whose options are currently expanding.
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