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Truck Driver Shortage worsens
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We have a saying where I work: "Its the worlds greatest opportunity to screw up the worlds greatest opportunity." <br /> <br />That's where the RR's seem to be right now. There is a tremendous amount of freight available right now, but the RR's are largely tapped out on capacity and are practicing aggressive yield management to raise prices before spending siginficantly to add capacity. It makes perfect sense for them to want to improve their returns, but after years and years and years of complaining and moaning about taking share back from the truckers, here's the greatest opportunity in decades, and they suddenly change their tune about market share. The RR's got what they wished for, and now they no longer want it. <br /> <br />By the way, some large truckers are seeing driver availability as being significantly better this year vs. last and are seeing turnover rates WELL below the # cited by ATA.
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