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Shippers Hit By Trucker Shortage and Bad Weather Pushing Up Transport Costs

Posted February 16, 2018

Under Economic Issues, Logistics & Supply Chain Issues

(Alexander Whiteman – The Loadstar)

Shippers are fearing for their bottom lines amid claims the US truck driver shortage will intensify after a year in which hurricanes and high demand drove up rates.

Online forwarder iContainers said rates had soared for long-distance trucking across the country, with an “unexpected rough” winter in southern states compounding the problem.

Tyson Foods told Transport Topics it expected to pay an extra $200m in transport costs this year, while Kellogg’s said it was accounting for a 10% increase. Click here to read more.