Recently, FedEx CEO Raj Subramaniam “downplayed the competitive threat from Amazon’s recent supply chain services announcement.” Subramaniam told Jim Cramer of CNBC’s “Mad Money” that “last week’s announcement versus what FedEx operates is completely different… FedEx is a true end-to-end global network.”
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Driver turnover remains one of the most pricey and harmful challenges fleets face. As competition for qualified drivers intensifies, cost per hire has risen sharply in recent years, “up 14% from 2023 to 2024 and another 24% by 2025.” The ordinary playbook of increasing pay, offering sign-on bonuses or adjusting routes may help short-term relief, but it doesn’t address the underlying reasons drivers exit the industry.
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The world’s tech leaders who are driving the AI revolution are insisting that long standing truck drivers are “actually the foundation of the technology shaping the future.” Recently, Microsoft President Brad Smith exclaimed that a new generation of skilled tradesmen are needed to help coders and data scientists, and Nvidia boss Jensen Huang also predicted that people working to build technology facilities will soon be earning six-figure salaries.
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Not long after creating a national outcry against rampant lawlessness in the trucking industry, the Canadian Trucking Association (CTA) has returned with a clear message for Ottawa that “promises don’t protect our roads – dedicated enforcement does.” Stephen Laskowski, president and CEO of CTA, recently stated: “we acknowledge and applaud the Government of Canada for taking a major first step by admitting the ‘Driver Inc.’ model is a threat to our economy and our safety and have committed to taking real action.”
Trucking jobs are disappearing despite the fact that rates continue to climb. With diesel prices skyrocketing and the feds continuing to take out bad actors in the industry, trucking capacity may continue to get even tighter. Back in March “there were 800 fewer trucking jobs, according to the latest data from the federal government. That continues a slow-but-steady tightening of capacity that began three years ago.Since February 2023, there have been fewer trucking jobs every month except for three. Trucking employment peaked in October 2022 after a surge of motor carriers entered the market in the wake of the pandemic. Quarantine orders caused unusually high consumer demand for products, sending spot rates rapidly upward.”
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WIT Logistics LLC announced its plans to permanently close its Plainfield facility at the end of May, eliminating over 60 jobs in the process. The logistics company said the warehouse at 6032 Gateway Drive will officially close on May 31, 2026, with the notice being sent to affected employees back on March 11.
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Not long after creating a national outcry against rampant lawlessness in the trucking industry, the Canadian Trucking Association (CTA) has returned with a clear message for Ottawa that “promises don’t protect our roads – dedicated enforcement does.” Stephen Laskowski, president and CEO of CTA, recently stated: “we acknowledge and applaud the Government of Canada for taking a major first step by admitting the ‘Driver Inc.’ model is a threat to our economy and our safety and have committed to taking real action.”
Trucking jobs are disappearing despite the fact that rates continue to climb. With diesel prices skyrocketing and the feds continuing to take out bad actors in the industry, trucking capacity may continue to get even tighter. Back in March “there were 800 fewer trucking jobs, according to the latest data from the federal government. That continues a slow-but-steady tightening of capacity that began three years ago.Since February 2023, there have been fewer trucking jobs every month except for three. Trucking employment peaked in October 2022 after a surge of motor carriers entered the market in the wake of the pandemic. Quarantine orders caused unusually high consumer demand for products, sending spot rates rapidly upward.”
Read more…
WIT Logistics LLC announced its plans to permanently close its Plainfield facility at the end of May, eliminating over 60 jobs in the process. The logistics company said the warehouse at 6032 Gateway Drive will officially close on May 31, 2026, with the notice being sent to affected employees back on March 11.
Read more…
Not long after creating a national outcry against rampant lawlessness in the trucking industry, the Canadian Trucking Association (CTA) has returned with a clear message for Ottawa that “promises don’t protect our roads – dedicated enforcement does.” Stephen Laskowski, president and CEO of CTA, recently stated: “we acknowledge and applaud the Government of Canada for taking a major first step by admitting the ‘Driver Inc.’ model is a threat to our economy and our safety and have committed to taking real action.”
Read more…
