Truck driving shortage impacting cost of goods Truck driver shortage could drive up prices By Cassie Fambro | April 22, 2021 at 10:41 PM CDT - Updated April 22 at 10:41 PM
BIRMINGHAM, Ala. (WBRC) - A nationwide shortage of truckers could be helping to drive prices up at places you and your family shop.
It’s a trend that began before the pandemic, but the increased strain on the industry over the past year hasn’t made things any easier.
Almost 75 percent of all freight is transported, by truck according to the American Trucking Associations, from household goods to vaccines. It puts a strain on trucking companies, including those here in Alabama.
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Biden infrastructure plan could be boost for tire industry
Biden infrastructure plan could be boost for tire industry
Jim Johnson & Erin Pustay Beaven
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WASHINGTON With hundreds of millions of tires rolling along the nation s roads every day, the importance of improving and maintaining America s infrastructure is obvious to the tire industry.
With the latest round of COVID-19 relief now delivered, President Joe Biden s efforts to push for a massive infrastructure improvement plan is now a central issue for the new administration. It s beyond question that the U.S. transportation infrastructure system … is woefully in need of upgrade and modernization, Anne Forristall Luke, CEO of the U.S. Tire Manufacturers Association, said.
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ARLINGTON, Va., April 20, 2021 /PRNewswire/ American Trucking Associations advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 5.1% in March after falling 2.3% in February. In March, the index equaled 106.8 (2015=100) compared with 112.5 in February. March s drop comes as somewhat of a surprise, said
ATA Chief Economist Bob Costello. I certainly heard from many fleets that the end-of-quarter rush was good, but early March was soft. Truck freight volumes were also negatively impacted by supply chain issues from the lack of microchips and other inputs. That said, this surprise to the downside does not change my positive outlook going forward.
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