Truck drivers are responsible for shipping all the goods you use on a day-to-day basis. Whether you’re an industrial supplier, commercial manufacturer, or casual shopper at the supermarket, every purchase you make is brought to you by transfer companies. Currently, a nationwide truck driver shortage is affecting prices and delivery logistics. Learn more about its causes and effects you’ll see in the future in the breakdown below.

Federal Regulation Changes

In 2004, the US government made regulatory changes that only allow truckers to drive 11 hours in a 14-hour workday. The clock begins when a driver steps behind the wheel and pauses when they stop. Because of these limitations, more drivers were needed to cover routes, in turn sparking a shortage that has since grown, especially in the aftermath of the Great Recession.

An Increasing Shortage

The driver shortage at transfer companies has grown to staggering proportions. Coupled with an aging trucker population, companies are having trouble meeting the demands of clients, especially in a booming economy where truck tonnage is rising. They’ve had to raise prices by an average of 9.4%. This applies to trucking companies nationwide and will continue while Congress considers solutions to the issue, such as allowing drivers under 21 to drive on the interstate.

How This Affects You

As transfer companies strive to fulfill their customers’ needs and bring on new drivers, they face financial challenges such as wage increases and larger investments into shipping and logistics. Therefore, anticipate price increases, so your preferred transfer company can continue to provide dependable services.

Hawaii Transfer in Waipahu provides their clients with reliable, timely transportation services. Since 1931, they’ve delivered on Oahu and the rest of the islands and pride themselves on their superior logistic services. By raising their prices by roughly 5%, they’re optimizing services to meet the demands of industries of every size. You can explore their extensive public warehousing and transportation services online. Call (808) 677-3111 today to speak with a representative of the transfer company.