An interesting pair of stats is that while truck driver wages increased from 2019 to 2020, benefits costs per mile decreased. Overall, driver compensation was 73.7 cents per mile. Safety and retention bonuses increased by 10.5% and 14.2%, respectively. On the other hand, starting bonuses dropped...
Similarly, trucking companies in the Midwest region (central location) may focus on long-haul and intermodal transport. Trucking companies in the Northeast region (which contains congested urban areas) specialize in last-mile delivery and navigating complex city logistics. Companies in the Southwest reg...
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The impact on truckload pricing was significant. Dry van spot rates averaged $2.41 per mile in February, up from $2.36 in January and 63 cents higher than in February 2020. Increases were even greater in the temperature-controlled sector, where reefers were in demand to keep traditional dry ...
FTR’s Trucking Conditions Index declined in September to -2.47 from -1.39 in August as weakness in the principal freight dynamics – freight rates, utilization, and volume – offset lower fuel costs and slightly less unfavorable financing costs. FTR Transportation Intelligence November 20, 2024 Risk...
Earn Industry-Leading Rates: - 80 cents per mile pickup to delivery, or, - Up to 30% gross EXPERIENCED IN-HOUSE DISPATCH 24/7 Support Fuel Cards: Flying J, Pilot Cash Advance ($50/day) Tolls and Weigh Stations transponder Bluebeacon Account Cat Scale account Forward Facing...
Eurostat has rental vacancy rates per NUTS-1 or NUTS-2 region (I forget), and Ile-de-France is maybe 13%; German cities are all much lower, maybe mid-single digits. This isn’t because there’s a glut of housing in Paris but not in Germany – it’s a different rental culture, ...
But it also drove down truckers' livelihoods andwages by some 50%, as noted by an Insider analysis. In2020, the average annual salary for truck drivers was $47,000. Most long-haul truckers, who are paid on a per-mile basis and generally exempt from overtime, earn far less. ...
They’re almost always operated by team drivers, and though their rate-per-mile makes most truckers salivate, there’s lots of sitting around and waiting associated with operating an expedited truck. Finding a Good Hot Shot Trucking Company to Work With ...
Beyond last-mile, growth in retreads is occurring in other medium-duty vocational truck fleets as well. “Retreads are often used in pick-up and delivery, refuse and other similar medium-duty truck applications where there is a lot of starting, stopping and turning. The faster wear rates are...