Freight boom is not without downsides for carriers
Freight boom is not without downsides for carriers Driver recruiting issues are limiting growth while costs of operating grow once again 0 15 3 minutes read Chart of the Week: Insurance Expense % – Dry Van Company and Leased Fleet, Driver to non-Driver Ratio – Dry Van Company and Leased Fleet SONAR: INSURE.VCFOO, DRRAT.VCFOO Driver recruiting problems are limiting carrier growth while the cost of operating is growing at a faster rate than ever. A similar scenario played out at the end of the 2017-18 freight boom. Cost inflation from insurance, maintenance, equipment and wages laste...
Source: freightwaves.com