High School Seniors Learn How to Drive Trucks

The average age right now for majority of  truck drivers is 54 years old. That could change with a different strategy to  recruit younger truck drivers. Traditionally, trade schools that offer truck driving help people interested to obtain their CDL in order to join the workforce  however, now some high schools are offering truck driving […]

Read More

Europe’s Energy Crisis

Europe is in the middle of a true energy crisis, and it appears that it will get worse before it gets better.  Low wind output, skyrocketing commodity prices and low natural gas inventory levels are putting Europe, and most of the Northern Hemisphere, in a very compromised position heading into the winter months.

Read More

Supply Chain Issues Related to Natural Gas

Record high natural gas prices are occurring worldwide. This is causing major supply chain issues nationwide in energy dependent markets including food production, steel producers, fertilizer manufacturers, and glass markers. According to Reuters, natural gas prices have risen sharply around the globe in recent months. That has been due to a combination of factors: including […]

Read More

Truck Rates Still Holding Strong

Truck freight rates are still high in the United States for flatbeds, vans and reefer freights. Shippers have been paying a premium for several reasons. According to Fleet Owner, “shippers not only experienced escalating spot and contract rates in July but they were also hammered by port congestion, unloading delays, shortages of trucks and drivers, […]

Read More

Infrastructure Bill Inches Closer to Senate Passage

Debate among United States senators continues to surround the passage of Joe Biden’s $550 billion infrastructure bill. Most recently, that debate centered around an amendment seeking to further regulate the cryptocurrency industry. Opponents of the current wording of the amendment say that it requires disclosure of tax data from software developers and other non-brokers that […]

Read More

Cargo Van Demand Explodes

Cargo vans once served a predominantly niche market of tradesmen, mobile construction sites and vocational contractors, but with the recent demand explosion of final-mile delivery vans they are becoming incredibly common and increasingly popular.  E-commerce doesn’t appear to be going anywhere soon, and van manufacturers are happy to keep supplying the growing demand of new […]

Read More

Gas Prices Rising Again After Brief Lull

Anyone frequenting a gas pump this summer has noticed a dramatic increase in cost compared to last year’s driving season, and industry analysts don’t see things changing in the near future. In the week leading up to July 26th, America’s average gas price dropped two cents to $3.15 per gallon. The American Automobile Association (AAA) […]

Read More

Other Variables Affecting the Driver Shortage

Truck driver turnover rates generally are higher for over-the-road fleets than local trucking companies. According to American Trucking Associations Chief Economist Bob Costello, “Large for-hire truckload driver turnover rates were 90% for OTR operations and 20% for local operations in 2020. He identified various factors that are exacerbating the driver shortage, ranging from lifestyle issues […]

Read More