Originally published at: The Dalilah Law could create a trucking super cycle - FreightWaves
The Dalilah Law, the Senate bill introduced by Sen. Jim Banks (R-Ind.) following President Trump’s call during the State of the Union, would trigger a sharp, immediate contraction in trucking capacity if enacted, potentially igniting a trucking super cycle with overnight rate surges amid severely tight supply. Much higher trucking rates could become permanent, giving…
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Long overdue. This never should have been allowed to be changed. This will erase obama policies that crushed the trucking industry.
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I might go back to driving if it actually raises the rates.
BE CAREFUL WHAT YOU WISH FOR! As a former OTR driver, I’m all for higher wages and fewer non-resident drivers splitting the Shipping Pie. However, I’ve also got a degree in finance and a very good understanding of economics. Yes, higher wages for domestic drivers will be nice, but don’t expect the prices of consumer goods to remain constant. There will not be a large shift in the standard of living for truck drivers because the higher wages will inevitability be sucked up by higher consumer prices. Again, just like this tariff nonsense, companies are NOT going to say,“Oh, well.” and just absorb the increased freight costs. You, I, and every other Joe Lunchbucket will be paying those “higher wages.”
They should go after states who use bad laws that take away good driver’s their CDL’s. Also think that their way is better than keeping good driver’s down Maryland sucks
The inflationary pressure on the consumer will be minimal. Most of us haul 10s of thousands of items or subcomponents in every trailer. On a per item basis the increase is tiny even if rates triple.
Shame on the author for calling illegal aliens “undocumented individuals.” You might as well be enabling criminal behavior that hurts actual citizens with that linguistic ■■■■■■■■■■.
Call them what they are, illegal aliens. They do not belong in the country, and they most certainly do not belong on our roads in any capacity. They commit hit-and-runs at an incredibly high rate, and often don’t have insurance. It’s abhorrent and we should all be ■■■■■ about it.
You guys cen-sored prop-a-ganda and ang-ry, seriously? Peak cringe, very 1984
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The issue of millions of CDL holders having to recertify as if they’re a beginner is huge. First of all the the requirement that it be completed in 180 days is going to cause an unbelievable log jam at DMV and secondly U.S. citizen drivers with 4 plus decades of experience are going to walk. They are not going to edure that process just work a couple more years. Youll see the same exodus the ELD brought about. Probably worse because it affects local drrivers as well.
First if the FMCSA and the CVSA were really about saftey this situation would not have happened secondly this industry needs to be reclassified as a skilled labor that would help some degree. Yes the wages will go up if all this takes place and it’s will equal itself out. The govt knows that our higher operating costs will get directly passed on to the consumer but at what point does the industry have to say enough is enough deregulation hurt the industry and the large influx of cheap foreign labor really hurt it. I’m for it if nothing else to get saftey back to a priority not just cheap words