From Economy to Lawsuit Reform: ATRI's Top Trucking Issues of 2024
The 2024 ATRI Top Industry Issues Report highlights significant challenges facing the trucking industry, with the state of the economy and truck parking topping the list of concerns. The economic downturn, freight recession, and rising operating costs have placed intense pressure on carriers, while a shortage of parking spaces continues to affect drivers’ safety and efficiency. Other major concerns include lawsuit abuse reform, insurance costs, and driver compensation. The push for battery-electric vehicles also ranked as a top issue, reflecting the industry's focus on transitioning to zero-emission fleets. The Economy and Its Impact on Trucking The No. 1 concern in the report is the state of the economy, which continues to exert significant pressure on the trucking industry. With costs of operations reaching an all-time high and freight demand remaining weak, carriers are feeling the squeeze. The industry has been in a nearly two-year freight recession, with a separa