Carriers’ labor costs set for strong gains next three years

June 9, 2011

Labor remains a carriers most significant cost item. Aside from a one-year respite during 2009, labor costs have generally grown between 5% and 10% each year. They are likely to stay near the top side of that range over the next 3 years as we deal with a growing economy and a tight (and tightening) capacity environment.

Field reports of 10% labor price increases indicate that the driver market is tight despite the weak economy. The slowdown has prevented a full-on shortage – for the time being.

Print Page

Click the link below to print a print-friendly page of the this analysis.

Print Page
Create Your Own Chart

Use our chart creator to generate charts using the data that was used in this analysis.

TruckGauge Chart Creator
Download TruckGauge Data

This functionality is only available to Premium Members. Please upgrade your account to gain access to the data used in this analysis.

Upgrade to a Premium Member
Thank you for choosing TruckGauge as your source for trucking intelligence and forecasting. Please visit www.truckgauge.com for new and updated information on trucking and business information.
  • Not A Member Yet? Click Here to Subscribe Today!
  • © 2011 TruckGauge

    |

    Privacy Policy

    |

    Terms and Conditions

    |

    Webmaster

    |

    Contact Us