U.S. doesn’t have enough truckers, and it’s starting to cause prices of about everything to rise

Joyce Brenny, chief executive of Brenny Transportation in Minnesota, gave her truck drivers a 15 percent raise this year, but she still can’t find enough workers for a job that now pays $80,000 a year.

A year ago, when customers would call Brenny, she could almost always get their goods loaded on a truck and moving within a day or two. Now she’s warning customers it could take two weeks to find an available truck and driver.

Shipping costs have skyrocketed in the United States in 2018, one of the clearest signs yet of a strong economy that might be starting to overheat. Higher transportation costs are beginning to cause prices of anything that spends time on a truck to rise. Amazon, for example, just implemented a 20 percent hike for its Prime program that delivers goods to customers in two days, and General Mills, the maker of Cheerios and Betty Crocker, said prices of some of its cereals and snacks are going up because of an “unprecedented” rise in freight costs. Tyson Foods, a large meat seller, and John Deere, a farm and construction equipment, also recently announced they will increase prices, blaming higher shipping costs… (more)

Housing is not the only inflationary cost of living index we have to worry about. The costs of goods is going up in an inflationary spiral that is being driven by higher fuel costs and lack of labor. Passage of bills that raise the cost of diesel and bridge tolls will make matters worse. We suggest that voter vote No on RM3 and support the repeal of the gas tax to cool things down a bit.

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Brown Assails Gas Tax Repeal As Republican ‘Loser’ Stunt

By California News Wire Services : patch – excerpt

Gov. Jerry Brown frames the gas tax as a “test of American strength,” but repealers say, “we’re taking back our money.”

LOS ANGELES, CA — Gov. Jerry Brown delivered a sharp defense of his new gas tax Friday at Union Station in downtown Los Angeles, saying efforts to repeal the legislation by a group of Republican leaders was nothing short of a test of America’s ability to maintain a central place on the world stage.

“The test of American strength is whether we defeat this stupid repeal measure which is nothing more than a Republican stunt to get a few of their losers returned to Congress. And we’re not going to let that happen,” Brown said during a Mobility 21 conference attended by several hundred state and local transportation officials.

SB1 raised gas taxes by 12 cents per gallon for gasoline and 20 cents per gallon for diesel fuel, along with hiking vehicle registration fees. The new taxes are expected to raise $5.2 billion annually for road and bridge repairs and mass transit projects in the state…

“The cost of living is already on the increase in California and families are struggling to survive. This is unacceptable,” said repeal organizer and former San Diego City Councilman Carl DeMaio in April. “Gov. Jerry Brown and his special interests … need to prepare themselves. We’re coming and we’re taking back our money.”… (more)

The losers collected over a million signatures, so expect this repeal on the November ballot. Stay tuned for more reversals on the governor’s favorite projects.