Episode 9 | Economic Update with Bob Costello
May 17, 2022
Bob Costello with the American Trucking Association shares his insights into what the major impacts are on the freight industry. Bob has seen economic growth increase dramatically over the last year, but slower growth into this year. We still see supply chain issues in getting new transportation equipment from the manufacturers. Drivers are still down from the pre-pandemic level but we are seeing an inflow of drivers as the demand increases and as the compensation rate matches inflation.