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Trucking companies are offering their drivers bonuses as high as $20,000 — but they say it's still not enough to fix the truck driver shortageFive-digit bonuses might not be enough to lure folks into a trucking job that requires being away from home for weeks at a time.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Grappling with an acute labor shortage, the construction industry is being forced to get creativeOffering higher pay, better benefits and on-the-job training — and reaching out to groups of people who don't fit the traditional mold of a construction worker — are just a few of the ways construction companies are dealing with an acute labor shortage. Really? Rising wages, training? CBS never reported that before? Why now? Trying to clean up their record at an opportune time, when it's too late to affect the election? Come on, this is hyperbole. It's not true. Trump is chasing away the few available construction workes. A wage increase of $5 per month cannot pay for the $3,000 monthly bill.
Source: CNBC - 🏆 12. / 72 Read more »
Convoy CEO: Inefficiency is a bigger problem than driver shortage for the trucking industryTrucks are running across the country empty 30 to 40 percent of the time, says Convoy CEO Dan Lewis. He hopes to change all that by utilizing that free space.
Source: CNBC - 🏆 12. / 72 Read more »
Facing A Critical Shortage Of Drivers, The Trucking Industry Is ChangingThe trucking industry is responding to a critical shortage of drivers in three basic ways: making the job easier, raising pay and recruiting drivers who don't fit old trucker stereotypes –– like women. Good result, wrong reason. The truck stops have always been full of them. That won't happen with,mass immigration
Source: NPR - 🏆 96. / 63 Read more »
J.B. Hunt Boosts Pay as Trucking Companies Scramble for DriversThe freight industry bellwether says it raised pay for truck drivers at a double-digit pace in the third quarter as it scrambled to keep up with strong shipping demand Why don't they just hire H1B truck drivers obvs Its not just pay....heavy regulations make it tough on drivers....
Source: WSJ - 🏆 98. / 63 Read more »
Secret Truck Routes and Backup Storage: One Company’s Brexit Crisis PlanLike hundreds of other European companies in Britain, a German machine-tools maker prepares a costly emergency plan, but struggles whether to trigger it given the political unknowns. Quelle horreur! 😂Brexit, the spy novella coming this Spring. Underground tunnels for the resistance too? The Chunnel?
Source: WSJ - 🏆 98. / 63 Read more »
America's love affair with trucks and SUVs is forcing big changes at big car companiesAmerica is falling back in love with trucks and SUVs, and that's causing big changes at big car companies Give it ten years, they’ll change back again. Why it's almost as if the last administration made gasoline prohibitively expensive and pressured car companies to make tiny ones that no one wanted to buy. When did they fall out of love
Source: CNBC - 🏆 12. / 72 Read more »