Comments on: Ho-Hum Hiring Headline (092006) http://www.bizzyblog.com/2006/09/20/ho-hum-hiring-headline-092006/ The Business End of the Blogosphere Sun, 23 Nov 2008 15:10:36 +0000 http://wordpress.org/?v=2.5 By: TBlumer http://www.bizzyblog.com/2006/09/20/ho-hum-hiring-headline-092006/#comment-31184 TBlumer Wed, 20 Sep 2006 14:54:37 +0000 http://www.bizzyblog.com/2006/09/20/ho-hum-hiring-headline-092006/#comment-31184 #1, trucking companies have been looking for more drivers forever, as you noted. And you are correct that an owner-operator has to figure out how to make as much money as he or she can and pay all the bills on the $105+K that Schneider will pay. #1, trucking companies have been looking for more drivers forever, as you noted. And you are correct that an owner-operator has to figure out how to make as much money as he or she can and pay all the bills on the $105+K that Schneider will pay.

]]> By: triticale http://www.bizzyblog.com/2006/09/20/ho-hum-hiring-headline-092006/#comment-31168 triticale Wed, 20 Sep 2006 12:12:15 +0000 http://www.bizzyblog.com/2006/09/20/ho-hum-hiring-headline-092006/#comment-31168 This large of a single hiring is newsworthy, but trucking companies in general are all looking for drivers. I've been commenting on the economic significance of this for at least three years. Some companies will pay for CDL training in return for a commitment to stay with them, others are running ads clearly aimed at luring drivers away from other companies. Note the percentage of trailers you see on the highway with "drivers wanted" signs on the back. Downsiders will claim that everything being hauled is coming in from overseas outsourcing. This is a factor, altho more so for recent railroad hiring, but far from the whole story. I would also assume that the dollar figure for owner-operaters includes lease payments for the truck, and as it depreciates some of this wealth goes away. This large of a single hiring is newsworthy, but trucking companies in general are all looking for drivers. I’ve been commenting on the economic significance of this for at least three years. Some companies will pay for CDL training in return for a commitment to stay with them, others are running ads clearly aimed at luring drivers away from other companies. Note the percentage of trailers you see on the highway with “drivers wanted” signs on the back.

Downsiders will claim that everything being hauled is coming in from overseas outsourcing. This is a factor, altho more so for recent railroad hiring, but far from the whole story. I would also assume that the dollar figure for owner-operaters includes lease payments for the truck, and as it depreciates some of this wealth goes away.

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