Obvious yes— but it still hurts
American Transportation Research reports trucking operating costs = $1.855 per mile, a 12.7% year-over-year increase only slightly offset by a 14.8% decrease in deadhead mileage Trucking companies hired about 73,000 new workers in the 12 months ended in July. In a time of shortage, how did they do that? Econ 101 says — “simply […]