Bob Costello
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Economics
ATA: Driver pay increases could come back to haunt carriers
Trucking companies outbidding each other for drivers using salary and per-mile wage increases are leaving themselves vulnerable when the next economic downturn hits, the American…
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American Shipper
American Trucking Associations: ‘The second quarter is going to be terrible’
Bob Costello expects many trucking companies to go out of business before the economy recovers from the recession caused by the coronavirus pandemic.
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Trucking
The for-hire trucking market does not have a driver shortage problem
There isn't a driver shortage. In fact, there is a glut of capacity on the road, and not enough freight to haul.
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Economics
Bob Costello at McLeod: healthy economic activity but slower growth
Bob Costello still believes in the driver shortage.
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Economics
ATA: Industry ends 2018 short more than 60,000 drivers
Report asserts industry needs to hire 1.1 million new drivers over the next decade.
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