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ATRI recent research highlights the lack of young drivers in the trucking industry
The gap between the average age of truck drivers and the minimum age required to enter the sector reveals a significant barrier to attracting younger individuals. The American Transportation Research Institute (ATRI) has published new research titled “Demographic Evolution of Truck Drivers: Issues and Opportunities,” which highlights a significant shift in the demographic composition of […]
Trucking sector faces uncertainty amid job losses and market pressures
Employment in the trucking sector continues to show signs of uncertainty. The latest data from the Bureau of Labor Statistics (BLS) shows that in June, the trucking sector lost 2,700 jobs. While this indicates a continued decline, total employment remained nearly stable compared to the same period last year, with a slight year-over-year increase of […]
What is the new TIFIA plan to make infrastructure financing easier in the U.S.?
The Transportation Infrastructure Finance and Innovation Act (TIFIA) aims to modernize roads across the country. From now on, all types of eligible projects will be able to finance up to 49% of their costs, a significant increase from the previous cap of 33% for most cases.
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