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Truck driver wages rose significantly in 2021 as demand for drivers amid the ongoing driver shortage increased competition for talent, according to the 2022 ATA Driver Compensation Study.
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The ATA Diversity Equity and Inclusion Change Leader Award recognizes members who make a commitment to a culture of acceptance and belonging for their employees.
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“While the spot market has slowed as freight softens, contract carriers are backfilling those losses with loads from shippers reducing spot market exposure," said ATA Chief Economist Bob Costello.
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Economic indicators that are important to trucking slowed in May, including retail sales, housing starts, and manufacturing output.
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After eight straight gains, for-hire truck tonnage decreased 2% in April.
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For-hire contract freight tonnage remained solid in March, only limited by lack of capacity, both of drivers and equipment, at contract fleets, according to ATA.
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As an official registered apprenticeship sponsor, ATA can now provide its member-companies the ability to offer apprenticeships to job applicants.
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Thanks to rising retail rates and factory output, American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index rose 0.6% in January.
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December's truck tonnage increase is reflective of a still growing goods-economy, explains ATA’s chief economist.
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The American Trucking Associations is calling on carriers to provide input on the current state of driver pay in order to update its benchmarking tools.
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