Keeping up with all of the news in the inland shipping industry is critical for shippers. These stories can often impact shippers in a variety of ways. Our main objective at Cargobot is to help you stay informed about all of the recent events impacting the shipping industry in the United States.
Here is an overview of the most recent news involving the inland shipping industry for August 2022.
The trucking industry in California continues to undergo major changes. AB5 is a recent law in California that makes it challenging for trucking companies to classify drivers as independent contractors.
Many fear that this law will create many difficulties for truckers. Most trucking companies don't have the budget to hire drivers as full-time employees, which will force them to close down.
You can read the full story in the Global Trade Magazine here.
Businesses continue to rebuild their inventory positions while adjusting to supply chain challenges. Contract rates for trucks are expected to continue to hold up and remain profitable for truckers throughout the remainder of the year. Demand for goods is expected to be slightly lower but stable for the rest of 2022.
You can check out the rest of the story at CNBC here.
Finding ways to attract younger truck drivers to the industry remains a top priority. Drivers between the ages of 18 and 25 responded to a survey by identifying different practices to improve company culture. These traits include having supportive managers, shared strategies, and social interaction.
You can read the entire story at Trucking Info here.
Our goal at Cargobot is to keep you well-informed on the latest news in the inland shipping industry. Whether it's changing policies or brand new technology, we want to help you stay up to date with these developments.
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