Mar 26, 2015
Driver wages could cause 18% increase in Truckload rates
Driver wages could cause 18% increase in Truckload rates
William B. Cassidy, Senior Editor JOC | Mar 25, 2015 3:44PM EDT
Hefty increases in truck driver wages will propel truckload rates higher in 2015 and beyond, potentially pushing pricing up by double digits, a transportation analyst warns. Truckload rates may need to rise as much as 12 to 18 percent to pay for higher driver wages.
“While our current earnings models assume low-to-mid-single-digit…
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