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belt, and even then they won't make a lot of money, run as fast as they can. There's a major driver shortage looming.
originally posted by: Puppylove
a reply to: toysforadults
They need to pay us a reasonable wage in the first place for that to be a risk. Even with the shortage some are trying to pass bills to get rid of travel pay requirements between clients. The whole industry is insane. But yes an influx of workers willing to get paid peanuts and sit around doing nothing and stealing from the elderly will not help.
There will be no hope of the industry improving with a worker influx. We can barely make a difference with how in demand we are already. Instead of improving incentives they just lower standards. They'll have even less incentive to improve with excess workers.
Now, trucking companies swamped with demand are turning down freight and raising contract rates by 10% or more, with further increases expected next year. Many are boosting pay to recruit drivers in a tight labor market and say the price increases are justified after rates remained stagnant for many years.
Covenant Transportation Group Inc., a large trucking company based in Chattanooga, Tenn., said last month it had raised rates as much as 14% this year, and expects to see increases of 7% to 8% in 2019.
Knight Transportation, a division of Knight-Swift Transportation Holdings Inc., the largest U.S. truckload company, said its revenue per loaded mile, a measure of pricing strength, soared 21% in the second quarter from the same quarter a year earlier. The company is getting customers that now are paying high spot-market rates to sign long-term contracts with rate increases to ensure they can get trucks.
Derek Leathers, president and CEO of Werner Enterprises. PHOTO: AARON P. BERNSTEIN/BLOOMBERG NEWS
“We screamed from the mountaintop during all those years about how this isn’t sustainable and it will bounce back and eventually….it’s going to get ugly, and ugly is here,” Derek Leathers, chief executive of Omaha, Neb.-based Werner Enterprises Inc., one of the largest U.S. trucking companies, said at an investor conference in late June.
originally posted by: Zaphod58
a reply to: toysforadults
We basically stay out three to four months or longer at a time. We'll come in if the truck breaks, or if I have a trip planned, but I got a car with less than 200 miles on it in December of 2017, and a year later I'm just barely over 6,000 miles on it. That includes a trip from Phoenix to Fallon, Nevada and back, and from Phoenix to Mojave, California and back. We try to work in four trips a week, which bumps us to about $1,000 a week.
originally posted by: cynicalheathen
So what happens when one of these driverless trucks wipes out a family in a minivan or a schoolbus full of orphans?
I'm sure the lawyers are waiting in the wings.