Categories: Business

Biden touts importance of U.S. trucking By Reuters

[ad_1]

© Reuters. FILE PHOTO: U.S. President Joe Biden takes a question after announcing the release of 1 million barrels of oil per day for the next six months from the U.S. Strategic Petroleum Reserve, as part of administration efforts to lower gasoline prices, at the Wh

By David Shepardson and Nandita Bose

WASHINGTON (Reuters) -President Joe Biden on Monday touted the importance of the U.S. trucking industry especially during the COVID-19 pandemic as the administration has worked to boost the number of truck drivers by drawing in more women and veterans.

The White House touted the surge in hiring of truck drivers and commercial driver licenses issued. It said 100 major employers in recent months have launched apprentice programs to help train new drivers.

Biden said U.S. agencies and companies are doing more to draw women drivers, but said more needs to be done to improve trucking jobs.

Biden called for changes “so we can draw more Americans to work jobs with increased wages, reduced wait times and improved safety and so much more.”

The White House touted actions underway to make it easier to be a truck driver, including making it easier to find a place to park and doing more to strengthen workplace safety and workers’ rights for drivers.

Biden was joined by Transportation Secretary Pete Buttigieg in outlining efforts to remedy long-standing weaknesses stemming from workforce challenges in the trucking industry.

The moves are part of a year-long drive to stiffen U.S. supply chains against climate shocks and geopolitical tension, so as to ensure that China or other nations cannot weaponize the supply of goods.

Biden has focused on rebuilding U.S. supply chains after acute shortages of personal protective equipment, including masks and gloves, at the start of the COVID-19 pandemic, and a dearth of semiconductors that made cars costlier and helped push inflation to 40-year highs.

Biden, speaking in front of three large trucks on the White House lawn, noted truckers move about 70% of all goods in the United States. He noted that average trucker wages have dropped nearly 30% in inflation-adjusted dollars since 1978.

“In this iconic American industry it’s getting harder and harder to raise a family with dignity and pride,” Biden said.

Some carriers must replace 90% of their workers each year, White House figures showed. “It’s no surprise that so many drivers left their jobs,” Biden said.

The American Trucking Associations said last week that weekly driver earnings were up more than 25% for long-haul, truckload drivers since the beginning of 2019.

The plan to boost the numbers of truck drivers, launched in 2021, has swelled hiring, with more commercial driver licenses available in the first two months of this year versus last year’s corresponding period, the statement said.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

[ad_2]
Source link
Admin

Recent Posts

Navigating the Costs of Owning a Pembroke Welsh Corgi: What to Expect

One of the first questions that often comes to mind when considering a Pembroke Welsh…

3 days ago

How to Choose a Forex Broker

Forex brokers are individuals or firms that facilitate the buying and selling of foreign currencies.…

3 days ago

Demolish Kart Game Review

Beat Kart is a three-dimensional multi-player kart racing game that encourages skillful driving and strategic…

4 days ago

Caltextrader Review – Caltextrader.com Withdrawal Issues & Recovery Solution

Are you having withdrawal issues with Caltextrader? Let Broker Complaint Alert (BCA) help you. Caltextrader.com claims…

5 days ago

Car Auction Trends

Auto public sale trends are more than record blips; they shape a market that balances…

5 days ago

What exactly Legal Bookmaker?

Legal bookies offer odds for different events, particularly sporting challenges. Bettors place their gamble with…

5 days ago