TPM: Declining shipments will drive consolidation in US LTL sector
A gloomy outlook for demand and rates in the US trucking market will drive consolidation ...
The American Trucking Associations (ATA), the largest haulage lobbying group in the US, is on the barricades over a looming change in the classification mechanism for independent contractors, alongside other interest groups, including shippers.
Some transport companies that use independent contractors are not fazed, though, saying they don’t expect any changes to their trucker relationships.
The rule rescinds the 2021 Independent Contractor Rule, which established that independent contractors are not employees under the US Fair Labor Standards Act. This rendered them not ...
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