May 17, 2021
With the I-40 Hernando de Soto Bridge connecting Arkansas and Tennessee over the Mississippi River expected to be closed for the foreseeable future, the Arkansas Trucking Association estimates the closure will cost the trucking industry $2.4 million each day.
ArDOT said that approximately 12,500 trucks traveled over the I-40 bridge each day and an additional 14,000 trucks cross the I-55 bridge daily. Based on operational cost data from the American Transportation Research Institute, which indicates the average cost of operating a truck to be $1.20 per minute, the cost to those 26,500 trucks impacted by the closure adds up to $2.4 million per day.
A major freight lane between West Memphis, Arkansas, and Memphis, Tennessee, the bridge has been closed since May 11 after inspectors noticed a crack and called 911 to immediately get traffic off the 3.3 mile-long structure.
As Arkansas sees truck driver shortage, companies offer incentives
Several trucking companies are increasing incentives to get people to come to work for them like a pay increase, a sign-on bonus, and a referral bonus. Author: Mercedes Mackay Updated: 5:20 PM CDT May 7, 2021
LITTLE ROCK, Ark. It s a problem many industries are experiencing right now, not enough people are wanting to come to work.
For the trucking industry, it s the biggest shortage they ve seen in over a decade, and that shortage is creating a domino effect.
Have you heard recently about groceries and gasoline delays or even shortages?
Part of the reason for that is there are simply not enough people willing to get behind the wheel, according to Arkansas Trucking Association President Shannon Newton.