Are Truckers About to Get Rich?
As problems go, the U.S. trucking industry is facing a good one. Thanks to a gushing oil industry and a homebuilding renaissance, everyone needs trucks. The industry, however, is running short on supply—specifically drivers.
Trucking outfits are bristling under new federal rules that drastically constrain how long drivers can stay on the road. Since July 1, truckers have been limited to about 70 hours of driving per week, down from 82 hours. And new rest requirements limit how much they can drive in the small hours of the morning, when roads are relatively empty. (more…)Read more