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Recently the American Trucking Associations (ATA) Chief Economist Bob Costello outlined how fleets are adjusting to continued tightness in the driver market.
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Key factors causing OTD delays were increased vehicle volumes due to continued auto industry sales growth, lengthy quality holds, parts shortages, ongoing railcar shortages, recalls, plant changes, and weather-related issues.
Read More →AUSTIN, TEXAS – Because of the Chevron refinery fire in Northern California, the West Coast is facing a fuel shortage and rising gas prices. Something we all know places a burden on this state’s fragile economy.
Read More →ARLINGTON, VA – With more attention being paid to the looming shortage of qualified truck drivers, American Trucking Associations (ATA) released a report aimed at helping fleets recruit and retain drivers.
Read More →GULFPORT, MS - Sad as it may be, one of America's leading exports has become jobs. However, the trucking industry is different. By some reports, the trucking industry is suffering from a shortage of 200,000 drivers.
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Last April’s earthquake in Japan and subsequent tsunami disrupted the automotive supply chain, causing parts shortages, which delayed order-to-delivery times. Extreme weather conditions also impacted vehicle shipments.
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There is a shortage of medium-duty trucks in the wholesale market due to the low volume of new units ordered from 2007 to 2010. This inventory shortage is forecast to persist for several years. The net result is higher resale values.
Read More →ATLANTA - In July, shoppers continued to show interest in big trucks and SUVs despite relatively high gas prices, and the production shortages for new cars coupled with continued short supply of quality used cars have pushed asking prices higher across new, used, and Certified Pre-Owned (CPO) vehicles.
Read More →COLUMBUS, IN - Despite posting a 9-percent increase from May's lackluster sales levels, the Class 3-8 used truck market continues to be impacted by a shortage of available inventory.
Read More →COLUMBUS, OH - More than seven in 10 fleets surveyed for the Q2 2011 Fleet Sentiment Report indicate that the shortage of drivers is either impacting their fleet now or may in the future
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