Trucking Payrolls Soared by 5,700 Jobs in August
By Jennifer Smith | Sept. 7, 2018 12:59 p.m. ET
Trucking company payrolls soared in August, growing at the fastest 12-month pace since 2015 as logistics operators boosted hiring to keep pace with booming freight demand.
Fleets added 5,700 jobs last month, according to preliminary figures the Labor Department released Friday. It is the fourth straight month of growth in a sector where employers have been buying more trucks and raising driver pay as they look to expand freight capacity.
Trucking companies have added 30,600 jobs since August 2017, the most since employment in the business grew by 37,400 jobs in the 12 months ending August 2015…
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