American Truck Group, the nation’s largest rent-to-buy big truck fleet, is gearing up to rescue an ailing trucking industry
At a time when our economy can least afford another setback, shortage of truck drivers is driving freight costs higher and producing strong headwinds for recovery. At year-end 2011, the shortage was estimated at 200,000 drivers and still growing.
As the laws of supply and demand take over, this shortage is causing trucking companies to give preference to the most lucrative hauls. In other words, he who pays the most gets the first ride. There’s just not enough drivers to go around.