Home > Tools > News > Trucking Industry Still Under Siege: Soaring Costs, Overregulation & ‘Nuclear Verdicts’ Threaten Supply Chain
Feb 24, 2025 at 03:51 PM CST
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On this Small Business Saturday episode of the podcast, Mike Kucharski, co-owner of JKC Trucking, talks about the challenges the trucking industry faced under the Biden Administration, including high diesel prices, overregulation, and excessive lawsuits leading to "nuclear verdicts." He highlighted the economic impact of inflation and volume volatility, noting that 70% of goods are transported by semi-truck. Kucharski also expressed optimisim when it came to regulatory relief and protection from excessive lawsuits under the Trump Administration. He goes on to emphasize the need for domestic production to reduce reliance on imports and the challenges of transitioning to electric trucks due to infrastructure limitations. |