INCREASING INTEREST RATES. WHICH IN TURN INCREASES PRICES , REDUCES DEMAND AND HENCE REDUCES NO OF TRUCKS ON THE ROAD AND CALLING IT "TRANSATORY INFLATION" ALSO DOESNT HELP
There are many reasons trucker pay is being affected. The inflation, lack of goods being purchased, cost to run a truck, cost to run a trucking company, insurance, parts, repairs etc. While competitive pay may have an impact on overall truck driver pay, it is a very minimal impact compared to everything else.
Spot on; if they were out on the road they’d see what you mean. 70% of the truck drivers that see are foreigners. Thank the government for foreign entities for bringing h1b drivers while paying them .25 cent per mile. Good luck competing with them. It’s simple supply and demand due to poor regulation; because anyone can open up Mc from anywhere in the world and milk the industry. The economy is what it is in being cynical;the economy condition has nothing to on this prolonged freight recession:. The only thing to fix this is to remove all the h1b visa and be struck on cross boarder operations.
Hiring so many foreign drivers with minimal training doesn’t help trucker pay
INCREASING INTEREST RATES. WHICH IN TURN INCREASES PRICES , REDUCES DEMAND AND HENCE REDUCES NO OF TRUCKS ON THE ROAD AND CALLING IT "TRANSATORY INFLATION" ALSO DOESNT HELP
There are many reasons trucker pay is being affected. The inflation, lack of goods being purchased, cost to run a truck, cost to run a trucking company, insurance, parts, repairs etc. While competitive pay may have an impact on overall truck driver pay, it is a very minimal impact compared to everything else.
Spot on;
if they were out on the road they’d see what you mean. 70% of the truck drivers that see are foreigners. Thank the government for foreign entities for bringing h1b drivers while paying them .25 cent per mile. Good luck competing with them. It’s simple supply and demand due to poor regulation; because anyone can open up Mc from anywhere in the world and milk the industry.
The economy is what it is in being cynical;the economy condition has nothing to on this prolonged freight recession:. The only thing to fix this is to remove all the h1b visa and be struck on cross boarder operations.