When your business is commercial trucking, you get used to climbing some hills along the way. With increased and demanding changes in both the transportation industry and the B2B marketplace overall, companies like Universal Logistics Holdings, Inc., know firsthand how important it is to navigate the challenging road ahead. Among the many issues Universal is facing are a national labor shortage, government regulatory changes, and an impending election year, just to name a few.
“Because Universal has been a transportation expert for more than 85 years and we are no strangers to a fluctuating environment, we are continually monitoring the marketplace not only for opportunities but also potential obstacles. Our experience has taught us this: there is always more change to come,” said TimPhillips, Executive Vice President and Chief Operating Officer of Universal’s Transportation Division.
In an industry that is facing a national labor shortage that shows no sign of slowing down, and with an average driver age in the late forties, Universal, like all transportation companies, is working harder than ever to continue to attract skilled driving talent. “Getting the Universal message out, offering attractive sign-on bonuses and other key benefits, and building a company culture that puts people first, are among the many things we are doing to recruit the best drivers on the road,” said Phillips.
In addition to a labor shortage, Phillips said that political and regulatory changes are top on list of challenges Universal faces, now and in the future, as the company provides its transportation and logistics solutions across many industries.