Trucking during COVID-19 outbreak

covid 19 trucking

By looking at the trucking industry we can evaluate the economics of the whole country, as it is its lifeblood. Every single product we enjoy or need was delivered to us by a truck.No trucks on the road would mean big trouble for the economy.
We were already in pretty bad shape before COVID-19 was officially a problem in the USA. Low freight rates and high insurance premiums were making owner-operators quit their businesses a lot of companies went under and had to fire drivers.
After quarantine was implemented and a truck driver becomes an essential worker the same way as a first responder and medical personnel.
There was a hope that there will be a change and there will be more appreciation for essential work trucker does for our community.
But the only ones in the trucking industry making great money are the brokers. The broker is still getting the same money from the customer but can get a cheaper truck. Every trucker that is trying to keep his business afloat is forced to move freight for cheap.
This is killing small trucking, and somebody in the government may have to intervene and do something about this issue.
Lowering insurance premiums and increasing load rates is critical to keep trucking companies running. Let’s hope something is going to change soon and our drivers will get the pay they deserve otherwise we may face even bigger problems for our economy soon.

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