Home > Tools > News > CEO Blames ‘Driver Shortage, Rising Costs, Extremely Tight Margins And Freight Rates’

CEO blames ‘driver shortage, rising costs, extremely tight margins and freight rates’

Apr 10, 2022 at 06:32 AM CST

A Logan, Utah-based trucking company, L.W. Miller Cos., notified customers and drivers earlier this week that it will shut down its livestock hauling division on Monday. Its other four divisions will continue to operate. According to a letter sent to customers and obtained by FreightWaves, Rex Miller, CEO of L.W. Miller Cos., called “the driver shortage, rising costs, extremely tight margins and freight rates” the perfect storm that forced the company to shutter one of the largest livestock hauling operations in the U.S.