Updated May 8, 2021
The fears among many in the diesel-powered owner-operator community are real when it comes to rising oil prices, as we ve reported, coupled with support in parts of government and elsewhere for alternative energy sources, which might come with their own constraints on production. All of it seems to mean little more than added costs for those fearful, but for the man whose voice is featured in this edition of Overdrive Radio, it all feels less like a problem than an opportunity.
That’s Jim Grundy, headquartered in Texas and owner of Sisu Energy LLC. It s an all-owner-operator/leased-small-fleet carrier hauling mostly dry bulk in the oil and gas business. Grundy s got a multifaceted trucking background, which includes past work with the 1845 company, likewise heavy in oil and gas hauling.
One Texas-based company is offering experienced drivers $14,000 a week. Author: Jeremy Baker Updated: 6:13 PM CDT May 3, 2021
SAN ANTONIO Imagine making $14,000 a week. That s what one Texas-based company is offering because of a nationwide truck driving shortage.
When the pandemic hit many truckers left the industry because there wasn t as much product to haul and the rates to transport products like gasoline tumbled. Now that demand is back up, but with fewer truckers to haul products like gasoline, a massive shortage is looming. And it s not just going to be gasoline. It s not going just going to be wood. You re talking about all your retail goods just like clothing, food, toilet paper, you name it, said Jim Grundy who is the CEO and owner of Sisu Energy.
By Wyatt Goolsby
Apr 30, 2021
Texas has the second cheapest gas in the country according to AAA Texas. However, prices at the pump are still on the up. Not because of a shortage of crude oil or gasoline, but because there aren t enough truckers.
Many Texas drivers may have noticed the price for a gallon of regular unleaded is about a dollar higher than this time last year. AAA Texas says the difference is about $1.07. Much of the reason for the higher price a lack of qualified drivers. According to the National Tank Truck Carriers, between 20 and 25% of tanker trucks in a company’s fleet are just parked. Some companies like Sisu Energy in Fort Worth are having to raise a trucker’s salary to more than 12,000 dollars a week to stay competitive.
Shortage of truck drivers impacting wages during pandemic
and last updated 2021-04-02 23:49:10-04
CHICAGO, Ill. â The pandemic has led to a global shortage of truck drivers.
Stagnant wages, uncertainty and safety concerns have contributed to the shortage, but some employers are now willing to pay big bucks to those willing to strap in for the long haul.
The truck driver shortage has increasingly been a problem for decades. But with the pandemic causing manufacturing hubs to shut down, cargo and freight demand was affected as well.
âWhen we shuttered manufacturing and we shut down all the imports and exports and everything came to a screeching halt, everyone turned in their trucks,â said Jim Grundy, the CEO of Sisu Energy.
Trucking Industry Executive Jim Grundy on drivers shortages and taxing by the mile.
Congressman Brian Babin on his trip to the border, what seems to qualify these days as infrastructure and a whole lot more.