Trucking Leads Rebound
Trucking and rail led the rebound in U.S. Supply Chain and Logistics despite the current truck driver shortage.
Trucking Info reported:
"Total U.S. business logistics costs in 2011 rose to $1.28 trillion, a 6.6% increase from the previous year and accounting for 8.5% of the U.S. gross domestic product, according to the Council of Supply Chain Management Professionals' 23rd Annual "State of Logistics Report," presented by Penske Logistics.
This year's report reveals that with overall revenue 15.3% higher than 2010, railroads gained market share, especially in intermodal, and did not experience capacity problems faced by the trucking sector. Trucking companies are also using intermodal rail help to offset the impacts of driver shortages and the costs of acquiring and maintaining new equipment. In spite of tightening capacity and an overall decline in volume, trucking rates were up 5% to 15% in 2011."
So, while this may seem confusing amongst all the shortage news, it appears trucking is again ready to virtually "explode", we just need to get more drivers and get the word out that truck driving is again a viable, and sometimes enjoyable, carreer choice.
See original story here: http://www.truckinginfo.com/news/news-detail.asp?news_id=77238