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Drivers and fuel top concerns

Published Monday, August 01, 2005

Drivers and fuel are clearly among the top issues for trucking executives, given the most recent batch of quarterly earnings reports. “We are facing the challenges of a tight driver market, high oil prices and a difficult regulatory environment,” said Robert Powell, chairman & CEO of Van Buren, AR-based truckload operator USA Truck. “Those issues are becoming more acute for carriers as freight demand is starting to slow from last year's record pace,” said Jerry Moyes, chairman & CEO of Phoenix-based Swift Transportation. “Freight demand in the second quarter of this year was lower relative to a very ...

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