From John Bendel, Land Line:
Trucking is too cheap.
Sure consumers eventually benefit, but the nickels they save at the Walmart come straight out of the well-being of drivers and of our families. Shippers don’t pay what the service really costs.
In 1980, when President Jimmy Carter signed the law that gutted regulation, the average driver earned about $37,000 a year. The equivalent today would be $110,000. Sure, some of us earn that now, but most of us don’t come close.
So what happened?