“We are now at a critical point for the industry in terms of fuel prices. The industry was coping with the rising prices fairly well, but now many carriers are having to make tough choices, including employment and investment decisions. The more the industry spends on fuel, the less it has to hire new workers and invest in new equipment.”
“Everyone's competing for these drivers, and these drivers are jumping from company to company. In the third quarter [of 2005], large truckload carrier driver turnover was at a 135 percent annualized rate.”
“Guys figured, why be out on the road for three weeks when they could swing a hammer during the day, make more money and sleep in their own bed each night?”