Shipping and Logistics

October 19, 2020
Hectic Year for Freight Aggravates Driver Shortage
Written by Tim Triplett
2020 has been one of the most volatile years the freight markets have ever seen, but the issues of most concern to truckers remain largely the same. Retaining drivers and improving cash flow are the top two concerns among trucking companies polled this summer by industry information provider FreightWaves.
“The market has experienced wild demand swings and abrupt supply disruptions over the past eight months. In addition, individual companies have had to learn to operate in a completely new environment and come up with innovative ways to ensure their employees’ safety. Overall, driver retention and cash flow seemed to be the most prevalent industry challenges on operators’ minds,” reported the researchers in a recently released white paper.


