Trucks in record demand amid driver shortage | Supply Chain Dive

The ratio of loads requiring movement versus available trucks has exceeded all previous records, the Financial Times reported recently.  “Active truck utilization” measures how many trucks are needed versus the number available, Axios reported Wednesday. While the past decade’s average has consistently been 93%, in 2017 it rose to 100% — leaving the industry in a tight spot. Prices to hire are therefore surging, with corresponding wage increases for drivers. Consumer goods costs could rise as a result. As o

Source: Trucks in record demand amid driver shortage | Supply Chain Dive