Check Call: Teenagers scare the living heck outta me

Group of people huddled around desks

Hot Take

Image: Jim Allen/FreightWaves

Every year there are over 400,000 truck drivers who enter the market, with a 90% turnover rate. It’s no secret that driver retention has always been a struggle in the industry. Between the often poor work-life balance and new regulations popping up, it’s hard to keep people who aren’t in love with the business around very long.

The average age of all truck drivers on the road is about 48 years young. The age that federal retirement benefits start to kick in...

https://www.freightwaves.com/news/check-call-teenagers-scare-the-living-heck-outta-me

Ryder buying Midwest warehouse company, giving it multi-client capabilty

Ryder System made two announcements Wednesday morning, one expected and the other some news.

In addition to announcing record third-quarter earnings, Ryder (NYSE: R) said it was acquiring Midwest Warehouse & Distribution System. 

According to the company’s prepared statement on the acquisition, Midwest has nine multiclient warehouses and eight dedicated-customer warehouses. It described its area of activity as five regions, primarily in Chicago “and to a lesser extent” New York, Pennsylvania,...

https://www.freightwaves.com/news/ryder-buying-midwest-warehouse-company-giving-it-multi-client-capabilty

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