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 lasted beyond the yearlong freight boom that saw spot rates surge to...
https://s29755.pcdn.co/news/freight-boom-is-not-without-downsides-for-carriers