You might remember when CTH shared the following wage growth estimate:
[…] I’m not going to dismiss the possibility we could see double digit increases in year-over-year wage growth in multiple economic sectors in several regions of the U.S. –link–
Trucking Company President Nicholas Hobbs is now saying he projects a twenty percent increase in wages for truck drivers due to extreme demand. That’s MAGAwinnamins!
Secretary of Transportation Elaine Chao discusses efforts to address the truck driver shortage in America.