Scott 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:
- How to sell yourself in 30 seconds and leave people wanting more
- 9 famous predictions by Nostradamus some people say foresaw the future
- America’s biggest companies are sounding the alarm on a crisis plaguing the trucking industry