Walmart US is increasingly relying on its 8,600 ‘Elite Fleet’ truckers over third-parties — and it’s the latest move from America’s largest company to take charge of its transportation network15th March 20190Byadmin
Last year, when a truck-driver shortage hit industries across the board, retailers including Amazon, General Mills, and Tyson Foods had to reevaluate their bottom lines. To attract more drivers to the industry, trucking companies had to boost pay, and that meant transportation costs ballooned — 71% of the nation’s freight is moved by truck drivers.
Walmart, which makes some 120,000 big-rig deliveries per week, got hit by the truck driver shortage, too. In 2018, Walmart ran its first national television ad campaign to recruit more drivers, shortened the length of its onboarding process, and began offering referral bonuses of up to $1,500. They gave all of its truckers a raise last month, too.
All told, Walmart doubled its spending on truck-driver recruitment last year.Read full story...