Big rate boost projected for trucking

tractorBroad rate increases of between 8% and 10% are expected for the trucking industry no later than the second quarter of next year as a lack of truck drivers becomes not just a top problem among motor carriers but for the overall U.S. economy as well.

That’s the view of Rosalyn Wilson, senior business analyst with Parsons Corp. and author of the annual State of Logistics report compiled with the help of the Council for Supply Chain Management Professionals and Penske.

Read more here.

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