Articles tagged under: truck shortage

Business Hampered by Truck Driver Shortage

Published February 18, 2022

The trucker shortage is real, but American Trucking Association Director for Intermodel Motor Carriers Jon Eisen says the labor shortage goes beyond that. "If our drivers have a delay, it can be because the warehouse doesn't have the people to…
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Hormel Reports 2Q Financials

Published May 25, 2018

Hormel Foods reports second quarter profits of $237 million. That’s up nearly 13 percent from last year, but it was below trade expectations. The truck shortage is driving up costs for the Minnesota-based company. The Jennie-O Turkey Store business has…
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Costs Expected to Rise for Tyson Foods

Published May 8, 2018

Tyson Foods reports a second quarter profit of $315 million. That’s down from $340 million last year. Sales for the food company increased nearly eight percent, but that was below the expectations of most analysts. Tyson officials said costs will…
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