/* vietnamese */ font-style: italic; unicode-range: U+0100-02AF, U+0304, U+0308, U+0329, U+1E00-1E9F, U+1EF2-1EFF, U+2020, U+20A0-20AB, U+20AD-20CF, U+2113, U+2C60-2C7F, U+A720-A7FF; /* latin */ @font-face { font-style: italic; font-display: swap; font-family: 'Barlow Condensed'; @font-face { font-style: normal; font-display: swap; } console.log("Failure at Presize of Slider:" + e) Their expertise in handling complex situations on the road and ability to adapt to rapidly changing conditions are hard to replicate through AI or automated systems. src: url(https://fonts.gstatic.com/s/barlowcondensed/v12/HTxyL3I-JCGChYJ8VI-L6OO_au7B6xTrY3Tmu4kG.woff2) format('woff2'); font-display: swap; font-family: 'Barlow Semi Condensed'; } } font-style: italic; font-family: 'Montserrat'; One trend that industry insiders are sure will take place is AI taking over supply chain planning. font-display: swap; } font-display: swap; font-style: italic; @font-face { /* latin-ext */ src: url(https://fonts.gstatic.com/s/barlow/v12/7cHsv4kjgoGqM7E_CfPk5GohvTobdw.woff2) format('woff2'); font-weight: 800; /* latin */ 2023 /* latin */ src: url(https://fonts.gstatic.com/s/barlow/v12/7cHqv4kjgoGqM7E3q-0s6FospT4.woff2) format('woff2'); /* latin-ext */ s.parentNode.insertBefore(zi, s); /* latin-ext */ } src: url(https://fonts.gstatic.com/s/montserrat/v25/JTUQjIg1_i6t8kCHKm459WxRyS7m.woff2) format('woff2'); As the industry faces these challenges, employment prospects for truck drivers during this freight shortage could be up and down. /* latin-ext */ font-display: swap; @font-face { unicode-range: U+0100-02AF, U+0304, U+0308, U+0329, U+1E00-1E9F, U+1EF2-1EFF, U+2020, U+20A0-20AB, U+20AD-20CF, U+2113, U+2C60-2C7F, U+A720-A7FF; font-weight: 900; Customers are finalizing sales for the rest of the year and carriers are in search of work after a busy season prior. font-display: swap; It has forced carriers to adapt and streamline their operations to maintain efficiency and profitability, while attempting to use fewer resources and address supply chain issues. font-family: 'Montserrat'; /* latin */ src: url(https://fonts.gstatic.com/s/barlowcondensed/v12/HTxwL3I-JCGChYJ8VI-L6OO_au7B4-Lwz3jWuZEC.woff2) format('woff2'); unicode-range: U+0100-02AF, U+0304, U+0308, U+0329, U+1E00-1E9F, U+1EF2-1EFF, U+2020, U+20A0-20AB, U+20AD-20CF, U+2113, U+2C60-2C7F, U+A720-A7FF; unicode-range: U+0100-02AF, U+0304, U+0308, U+0329, U+1E00-1E9F, U+1EF2-1EFF, U+2020, U+20A0-20AB, U+20AD-20CF, U+2113, U+2C60-2C7F, U+A720-A7FF; unicode-range: U+0000-00FF, U+0131, U+0152-0153, U+02BB-02BC, U+02C6, U+02DA, U+02DC, U+0304, U+0308, U+0329, U+2000-206F, U+2074, U+20AC, U+2122, U+2191, U+2193, U+2212, U+2215, U+FEFF, U+FFFD; /* latin-ext */ } /* vietnamese */ unicode-range: U+0102-0103, U+0110-0111, U+0128-0129, U+0168-0169, U+01A0-01A1, U+01AF-01B0, U+0300-0301, U+0303-0304, U+0308-0309, U+0323, U+0329, U+1EA0-1EF9, U+20AB; unicode-range: U+0102-0103, U+0110-0111, U+0128-0129, U+0168-0169, U+01A0-01A1, U+01AF-01B0, U+0300-0301, U+0303-0304, U+0308-0309, U+0323, U+0329, U+1EA0-1EF9, U+20AB; src: url(https://fonts.gstatic.com/s/barlow/v12/7cHqv4kjgoGqM7E3j-ws6FospT4.woff2) format('woff2'); src: url(https://fonts.gstatic.com/s/barlowcondensed/v12/HTxyL3I-JCGChYJ8VI-L6OO_au7B6xTrB3XmtYkGUrs.woff2) format('woff2'); /* latin-ext */ font-family: 'Barlow'; font-family: 'Montserrat'; src: url(https://fonts.gstatic.com/s/barlow/v12/7cHqv4kjgoGqM7E3p-ks6VospT4.woff2) format('woff2'); src: url(https://fonts.gstatic.com/s/barlowcondensed/v12/HTxyL3I-JCGChYJ8VI-L6OO_au7B6xTrW3bmtYkGUrs.woff2) format('woff2'); unicode-range: U+0100-02AF, U+0304, U+0308, U+0329, U+1E00-1E9F, U+1EF2-1EFF, U+2020, U+20A0-20AB, U+20AD-20CF, U+2113, U+2C60-2C7F, U+A720-A7FF; New Union Leaders Take a Harder Line - The New York Times unicode-range: U+0000-00FF, U+0131, U+0152-0153, U+02BB-02BC, U+02C6, U+02DA, U+02DC, U+0304, U+0308, U+0329, U+2000-206F, U+2074, U+20AC, U+2122, U+2191, U+2193, U+2212, U+2215, U+FEFF, U+FFFD; src: url(https://fonts.gstatic.com/s/barlow/v12/7cHqv4kjgoGqM7E3p-ks51os.woff2) format('woff2'); Overall, the freight shortage of 2023 is a result of various factors: These challenges continue to put pressure on businesses and also consumers. font-display: swap; font-family: 'Barlow Condensed'; Trucking has enjoyed the largest number of new entrants in its history over the past two years. src: url(https://fonts.gstatic.com/s/barlowsemicondensed/v15/wlpigxjLBV1hqnzfr-F8sEYMB0Yybp0mudRfp66_CWslu50.woff2) format('woff2'); For most of 2021, Evans was earning around $5,000 to $7,000 a week as a truck driver. One of the main issues currently plaguing the industry is a significant shortage of freight. /* cyrillic-ext */ Solving the truck driver shortage is an investment in Canada unicode-range: U+0102-0103, U+0110-0111, U+0128-0129, U+0168-0169, U+01A0-01A1, U+01AF-01B0, U+0300-0301, U+0303-0304, U+0308-0309, U+0323, U+0329, U+1EA0-1EF9, U+20AB; font-weight: 100; @font-face { font-family: 'Barlow'; font-weight: 100; @font-face { } font-style: italic; src: url(https://fonts.gstatic.com/s/barlow/v12/7cHsv4kjgoGqM7E_CfP04WouvTo.woff2) format('woff2'); @font-face { font-style: normal; src: url(https://fonts.gstatic.com/s/barlow/v12/7cHrv4kjgoGqM7E3b_s0wH8RnA.woff2) format('woff2'); Prices of spot truckload freight saw wide disparities, diesel fuel hit record highs, and spot truckload capacity variability went Shipper conditions declined in September to a reading of -3.1 on the FTR Shippers Conditions Index, down from a positive reading of 5.0 in August. font-display: swap; font-family: 'Barlow Semi Condensed'; font-family: 'Barlow Condensed'; font-weight: 500; src: url(https://fonts.gstatic.com/s/barlowcondensed/v12/HTxwL3I-JCGChYJ8VI-L6OO_au7B47b1z3jWuZEC.woff2) format('woff2'); } /* latin-ext */ font-family: 'Montserrat'; font-display: swap; Decline in Demand to Affect Trucking Freight, Economists Say @font-face { /* latin */ unicode-range: U+0102-0103, U+0110-0111, U+0128-0129, U+0168-0169, U+01A0-01A1, U+01AF-01B0, U+0300-0301, U+0303-0304, U+0308-0309, U+0323, U+0329, U+1EA0-1EF9, U+20AB; In conclusion, the freight shortage in 2023 poses a major challenge to trucking companies. @font-face { src: url(https://fonts.gstatic.com/s/barlow/v12/7cHsv4kjgoGqM7E_CfOQ4mouvTo.woff2) format('woff2'); font-display: swap; font-display: swap; Time Truckers laid off more than 10,000 workers from July through September, according to U.S. Bureau of Labor Statistics data. font-style: normal; Concerns of a global recession will extend into 2023, and affect the trucking industry. font-display: swap; font-style: italic; @font-face { } unicode-range: U+0100-02AF, U+0304, U+0308, U+0329, U+1E00-1E9F, U+1EF2-1EFF, U+2020, U+20A0-20AB, U+20AD-20CF, U+2113, U+2C60-2C7F, U+A720-A7FF; font-family: 'Montserrat'; font-family: 'Montserrat'; font-style: italic; src: url(https://fonts.gstatic.com/s/barlowsemicondensed/v15/wlphgxjLBV1hqnzfr-F8sEYMB0Yybp0mudRfG7qnIE4Ygg.woff2) format('woff2'); With unpredictable sales, margins, and freight volume, adapting to the new business landscape is key for success, while also addressing labour and part shortages. } font-style: normal; Freight-tracking firms say a supply-chain slowdown has mostly hit industrial operations focused on just-in-time deliveries. font-display: swap; font-display: swap; font-family: 'Barlow Semi Condensed'; font-family: 'Montserrat'; src: url(https://fonts.gstatic.com/s/barlowcondensed/v12/HTxwL3I-JCGChYJ8VI-L6OO_au7B4-Lwz3bWuQ.woff2) format('woff2'); Yellows terminals are for sale as the LTL liquidates. 0 : e.rl[i]; font-weight: 900; /* latin */ unicode-range: U+0102-0103, U+0110-0111, U+0128-0129, U+0168-0169, U+01A0-01A1, U+01AF-01B0, U+0300-0301, U+0303-0304, U+0308-0309, U+0323, U+0329, U+1EA0-1EF9, U+20AB; src: url(https://fonts.gstatic.com/s/barlowcondensed/v12/HTxyL3I-JCGChYJ8VI-L6OO_au7B6xTrF3DmtYkGUrs.woff2) format('woff2'); font-family: 'Barlow Condensed'; font-family: 'Montserrat'; font-family: 'Barlow'; including disruptions caused by the pandemic. Trucking Industry @font-face { @font-face { Why } Web314-266-8450 / info@tripsheetcentral.com. src: url(https://fonts.gstatic.com/s/barlowsemicondensed/v15/wlpkgxjLBV1hqnzfr-F8sEYMB0Yybp0mudRXfbJbA1soo5m2fA.woff2) format('woff2'); unicode-range: U+0100-02AF, U+0304, U+0308, U+0329, U+1E00-1E9F, U+1EF2-1EFF, U+2020, U+20A0-20AB, U+20AD-20CF, U+2113, U+2C60-2C7F, U+A720-A7FF; } The Cowen/AFS Freight Index, released on 17 January, warned that 2023 would be a tough year for truckload operators, citing cost increases driven by inflation, elevated fuel costs and downward pressure on rates, as shippers enjoy pricing power. Work wise you may experience 10 to 20 percent fewer miles than normal and shorter runs, which are tedious Ukraines push to retake territory has been slow, as its forces face a deadly problem: land mines. Perry anticipates contract rates will drop 3-5% in 2023 but said they could dip 5-8% if there is a recession, which he is forecasting. font-display: swap; In light of the uncertain outlook for the freight industry, there is some concern about the job security of truck drivers. /* latin-ext */ if(e.layout==="fullscreen" || e.l==="fullscreen") Some specific issues the trucking industry has dealt with and will continue to deal with in 2023 include record-high diesel prices, equipment, and parts shortages, and wage pressures due to inflation. font-style: italic; Truckers laid off more than 10,000 workers from July through September, according to U.S. Bureau of Labor Statistics data. Articulated lorries are loading/unloading in the unicode-range: U+0102-0103, U+0110-0111, U+0128-0129, U+0168-0169, U+01A0-01A1, U+01AF-01B0, U+0300-0301, U+0303-0304, U+0308-0309, U+0323, U+0329, U+1EA0-1EF9, U+20AB; /* cyrillic */ font-display: swap; While driver shortages should mean more job openings, the high demands and difficult conditions of the job tends to discourage those wishing to become a truck driver. font-family: 'Barlow Semi Condensed'; Will current freight and rate trends last through end of 2022? font-family: 'Montserrat'; font-style: italic; @font-face { unicode-range: U+0100-02AF, U+0304, U+0308, U+0329, U+1E00-1E9F, U+1EF2-1EFF, U+2020, U+20A0-20AB, U+20AD-20CF, U+2113, U+2C60-2C7F, U+A720-A7FF; A budget will help keep your trucking company in the black no matter the season. unicode-range: U+0102-0103, U+0110-0111, U+0128-0129, U+0168-0169, U+01A0-01A1, U+01AF-01B0, U+0300-0301, U+0303-0304, U+0308-0309, U+0323, U+0329, U+1EA0-1EF9, U+20AB; unicode-range: U+0100-02AF, U+0304, U+0308, U+0329, U+1E00-1E9F, U+1EF2-1EFF, U+2020, U+20A0-20AB, U+20AD-20CF, U+2113, U+2C60-2C7F, U+A720-A7FF; font-weight: 300; Shawn Fain --font-headings: Montserrat; } font-style: normal; font-style: normal; font-display: swap; March 10, 2023 5:38 pm ET. Still, the industry can expect bright spots this year. font-style: italic; Image Source: Customs Today. font-style: italic; font-display: swap; unicode-range: U+0460-052F, U+1C80-1C88, U+20B4, U+2DE0-2DFF, U+A640-A69F, U+FE2E-FE2F; try { font-weight: 700; src: url(https://fonts.gstatic.com/s/montserrat/v25/JTUQjIg1_i6t8kCHKm459WxRxy7mw9c.woff2) format('woff2'); font-weight: 900; /* latin-ext */ @font-face { Economists and analysts have told CNN that is because China has become too indebted to pump up the economy like it did 15 years ago, during the global financial @font-face { font-style: italic; Let Transport Dive's free newsletter keep you informed, straight from your inbox. @font-face { /* latin-ext */ font-weight: 900; @font-face { font-family: 'Barlow'; unicode-range: U+0102-0103, U+0110-0111, U+0128-0129, U+0168-0169, U+01A0-01A1, U+01AF-01B0, U+0300-0301, U+0303-0304, U+0308-0309, U+0323, U+0329, U+1EA0-1EF9, U+20AB; font-weight: 800; LTL rates have been indirectly affected by the overall trends in the trucking industry. The trucking industry has been facing numerous challenges in recent years, and it seems that 2023 is no exception. Find the 9 highest paying truck driver jobs in 2022. Trucking, the backbone of American commerce, is in a tough spot. font-display: swap; @font-face { e.tabh = e.tabhide>=pw ? unicode-range: U+0000-00FF, U+0131, U+0152-0153, U+02BB-02BC, U+02C6, U+02DA, U+02DC, U+0304, U+0308, U+0329, U+2000-206F, U+2074, U+20AC, U+2122, U+2191, U+2193, U+2212, U+2215, U+FEFF, U+FFFD; unicode-range: U+0000-00FF, U+0131, U+0152-0153, U+02BB-02BC, U+02C6, U+02DA, U+02DC, U+0304, U+0308, U+0329, U+2000-206F, U+2074, U+20AC, U+2122, U+2191, U+2193, U+2212, U+2215, U+FEFF, U+FFFD; Despite the COVID-19 pandemic, trucking and transportation still followed the shipping pattern. src: url(https://fonts.gstatic.com/s/barlowcondensed/v12/HTxwL3I-JCGChYJ8VI-L6OO_au7B47b1z3nWuZEC.woff2) format('woff2'); font-weight: 800; } catch(e){ As of May 2017, the median pay for heavy and tractor-trailer drivers was $42,480 per year. font-display: swap; Artificial intelligence is changing the landscape of many industries, and its next target is logistics. font-weight: 200; font-family: 'Barlow'; There are several factors slowing down the trucking industry, including supply chain disruptions, economic instability, and a reduction in the number and availability of truck driving jobs. src: url(https://fonts.gstatic.com/s/barlowsemicondensed/v15/wlphgxjLBV1hqnzfr-F8sEYMB0Yybp0mudRfG7qmIE4Ygg.woff2) format('woff2'); src: url(https://fonts.gstatic.com/s/montserrat/v25/JTUQjIg1_i6t8kCHKm459WxRyS7m.woff2) format('woff2'); However, the trucking is expected to weather the storm and may still experience gains in spite of the lower demand and economic challenges. fbq('track', 'PageView'); font-family: 'Barlow'; National averages are helpful for aggregate perspectives of the market. } @font-face { /* vietnamese */ font-display: swap; src: url(https://fonts.gstatic.com/s/barlowcondensed/v12/HTxwL3I-JCGChYJ8VI-L6OO_au7B46r2z3jWuZEC.woff2) format('woff2'); src: url(https://fonts.gstatic.com/s/barlowsemicondensed/v15/wlpkgxjLBV1hqnzfr-F8sEYMB0Yybp0mudRXfbJbA1sno5k.woff2) format('woff2'); } font-display: swap; unicode-range: U+0102-0103, U+0110-0111, U+0128-0129, U+0168-0169, U+01A0-01A1, U+01AF-01B0, U+0300-0301, U+0303-0304, U+0308-0309, U+0323, U+0329, U+1EA0-1EF9, U+20AB; The trucking industry puts forth a great effort to automate trucks, with the goal in mind to replace the human truck driver. font-style: italic; src: url(https://fonts.gstatic.com/s/montserrat/v25/JTUQjIg1_i6t8kCHKm459WxRxC7mw9c.woff2) format('woff2'); src: url(https://fonts.gstatic.com/s/barlow/v12/7cHrv4kjgoGqM7E_Cfs7wH8.woff2) format('woff2'); font-style: normal; src: url(https://fonts.gstatic.com/s/barlow/v12/7cHsv4kjgoGqM7E_CfPI42ouvTo.woff2) format('woff2'); @font-face { WendellandCarolyn via Getty Images Looking ahead to 2023 is more like looking in the rearview mirror for the trucking industry. } unicode-range: U+0000-00FF, U+0131, U+0152-0153, U+02BB-02BC, U+02C6, U+02DA, U+02DC, U+0304, U+0308, U+0329, U+2000-206F, U+2074, U+20AC, U+2122, U+2191, U+2193, U+2212, U+2215, U+FEFF, U+FFFD; font-weight: 400; All Rights Reserved. src: url(https://fonts.gstatic.com/s/montserrat/v25/JTUSjIg1_i6t8kCHKm459Wdhyzbi.woff2) format('woff2'); } @font-face { unicode-range: U+0100-02AF, U+0304, U+0308, U+0329, U+1E00-1E9F, U+1EF2-1EFF, U+2020, U+20A0-20AB, U+20AD-20CF, U+2113, U+2C60-2C7F, U+A720-A7FF; @font-face { font-style: italic; src: url(https://fonts.gstatic.com/s/montserrat/v25/JTUSjIg1_i6t8kCHKm459WRhyzbi.woff2) format('woff2'); font-display: swap; } Why the Chinese economy hasn't recovered after COVID font-weight: 900; unicode-range: U+0102-0103, U+0110-0111, U+0128-0129, U+0168-0169, U+01A0-01A1, U+01AF-01B0, U+0300-0301, U+0303-0304, U+0308-0309, U+0323, U+0329, U+1EA0-1EF9, U+20AB; @font-face { Looking ahead to 2023 is more like looking in the rearview mirror for the trucking industry.
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