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Trucking Business & Careers
According to data from the Bureau of Labor Statistics, the trucking industry appears to be showing signs of stabilization. The latest report for December indicated a seasonal adjustment loss of 800 trucking jobs. Furthermore, the revisions for job data in October and November were also downward, red
Community Colleges to Train Truck Drivers through DOT Grants As part of a continuing grant initiative, the Department of Transportation (DOT) is collaborating with community colleges to train truck drivers across the nation. Credit: George Rose / Contributor / Getty Images News / Getty Images This l
Mass Layoffs in the Trucking Industry Following Bankruptcy COBB COUNTY, Ga. — A significant number of workers in the trucking sector have lost their jobs, particularly drivers in the metro Atlanta area, after a prominent company declared bankruptcy. Reginald Taylor, who recently returned to Cobb Cou
The Impact of Supply and Demand on Trucking Slump The primary reason behind the trucking industry’s downturn can be traced to the fundamental economic principle of supply and demand. Economic Trends Affecting Demand Wider economic trends, such as increased activity in factories, retail, and construc
Yellow employs around 22,000 workers represented by the Teamsters. (Jim Allen/FreightWaves) Teamsters’ Concerns Over Yellow’s Financial Stability Last month, the Teamsters claimed that Yellow (NASDAQ: YELL), one of the largest trucking firms in the U.S., warned the union that it would run out of fun
Trucking can be a rewarding profession, with drivers earning upwards of $60,000 annually depending on factors like load type, mileage, experience, and licensing. If you’re considering entering the field or are an experienced driver looking for new opportunities, you likely want to know about the hig
Record Job Losses in Trucking Sector In April, about 88,300 truck drivers were laid off, marking the largest monthly decline in trucking jobs on record, based on data from January 1990. This significant drop eliminated all job gains in the trucking industry from the past five and a half years, rever
The Trucking Law section on Overdrive is a monthly feature where we address frequently asked questions from truckers and owner-operators, consulting with legal professionals. In this edition, Dr. Alex Underwood discusses how drivers can return to work even after significant life changes. You can exp
Impact of COVID-19 on Employment The arrival of the COVID-19 pandemic in the United States resulted in job losses for millions, especially among women who found themselves balancing caregiving for elderly parents, managing remote learning for their children, and other responsibilities at home. Oppor
