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2018 Due To Be “A Trucker’s Market”

Dec 15, 2017 at 09:31 AM CST

“A trucker’s market” is due to arrive in 2018, according to trucking analyst John Larkin, although he cautions that supply and demand is tight as the economy continues to grow at a slow, steady pace.

“The primary driver of the supply/demand tightness is the economy-wide shortage of skilled, blue collar labor,” he says. “It has become very challenging to find drug free, compliant drivers given today’s driver wages. While driver pay scales began to rise in the 2nd half of 2017, the starting point for wages was so low, that it may take multiple wage hikes before we see any alleviation of this chronic challenge.”