With 2018 coming to a close, US trucking companies are expecting to see freight volumes remain steady if not increase heading into 2019. One factor leading to a rise in truckload shipments can be linked to increased tariffs on Chinese goods by the US. The uptick in tariffs can be traced back September of 2018 when President Trump raised tariffs to 10% on 200 billion worth of imported Chinese products. This news immediately impacted and shifted peak shipping seasons on land and by sea in the US.
From Black Friday to Cyber Monday and all throughout December, there will be more products sold and shipped in the U.S. than any other time of the year. Staffing shortages and recent import tariffs have made retail executives stay on their toes and prepare for the season.
Another concern that certainly weighs heavy on their minds are fuel and trucking costs, in particular the truck driver shortage that has plagued the trucking industry for years now.
The millennial crowd views UBER as a great opportunity to earn cash on a regular, or part time basis. The schedules can be a flexible as necessary, which is why many feel the Millennial's take a strong liking to the opportunity.
With all the recent buzz around the electric vehicle industry, there have been general statements by the public that seem to think the oil industry will begin to fall. Each year more and more Electric Vehicles are produced and sold. Every year, those numbers seem to rapidly increase, almost doubling in popularity!
Back in November of 2017, Elon Musk unveiled an all-electric battery-powered Class 8 semi-trailer truck prototype. Musk provided specifics of two versions, regular production of 300 and 500 mile ranges. Just last week, the prototype traveled by itself. The Semi has been traveling thousands of miles using the existing Supercharger network. The only necessary help is an extension cord that is needed to plug the truck in when time to charge the vehicle. With the announcement of the prototype, Tesla also announced an ultra high-powered “Megacharger” that will be capable of replenishing 400 miles of range in as little as 30 minutes. .