America’s biggest companies are sounding the alarm on a crisis plaguing the trucking industry

trucksScott Olson/Getty

  • Truck drivers are increasingly scarce.
  • On quarterly earnings calls, several executives have described the pinch of rising costs, and how their businesses are being impacted. 

Even Amazon cannot escape the woes plaguing the trucking industry. 

The retail juggernaut, loved for Amazon Prime, its free two-day shipping product, announced last week that it would increase the price of an annual membership by $ 20 to $ 119 for US customers. 

See the rest of the story at Business Insider

NOW WATCH: Wall Street’s biggest bull explains why trade war fears are way overblown

See Also:

SEE ALSO: GOLDMAN SACHS: Cautious investors are missing out on an asset class that has rarely been better to own

Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.