Load prices as we were able to see during the last decade have often had a strong correlation with fuel prices and every time fuel prices would go up so that the average national load price would follow. This is a good news for trucking companies meaning that gross margin percentage is the same but absolute amounts are bigger.
More money in trucking company bank account is ultimately what all trucking companies owners want. We all remember the fuel prices couple of even four years ago when trucking was going trough the period of amazing load average prices. Fuel prices play important role in this and for that reason I think increased fuel prices will directly mean higher load prices.
Drivers Salaries Will Increase
On average driver salaries are increasing all the time over the period of the last 10 years and we see steady increase during that period. Also all the forecasts are saying that that trend is to be continued over then period of next six years.
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Having in mind driver shortage which is directly responsible for steady driver salary increase and Mr. Trump immigration points I think during Mr. Trump presidency we will see even faster truck driver salary increase.
