Market Conditions

FreightWaves Staff Friday, June 27, 2025

Driver Shortage Myths Debunked: Freight Demand Drives Trucking Jobs

The trucking industry’s “driver shortage” debate has persisted for decades. The American Trucking Associations (ATA) claims a chronic shortage since 1987, citing nine studies. Yet, researchers and industry experts argue the labor market functions well when freight demand is strong. A December 2024 study by Professors Jonathan Phares, Jason Miller, and Stephen Burks, published by […]

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FreightWaves Staff Wednesday, June 25, 2025

English Language Proficiency Standards Could Drive Rates Higher

The Federal Motor Carrier Safety Administration (FMCSA) is intensifying enforcement of English Language Proficiency (ELP) standards, signaling major operational changes for the trucking industry. As of today, June 25, 2025, drivers who fail to meet these requirements face immediate grounding, potentially straining trucking capacity, increasing tender rejections, and driving up national truckload rates. FreightWaves estimates […]

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