Benjamin Gordon Cambridge Capital's profile

COVID-19 threatens essential Truck drivers' jobs.

Benjamin Gordon: Truck Drivers are Essential Workers, and They’re at High Risk of Unemployment Due to COVID-19
Long-haul truckers are the backbone of the American economy, even if many Americans do not realize it. Responsible for transporting tons of supplies on their daily routes across the country, long-haul truckers have seen a decrease in demand since the start of nationwide stay-at-home orders. According to a May 1 report from the Washington Post, truckers across the country have suffered, and it does not seem like their employers are providing many solutions. In April, trucks gathered in the country’s capital of Washington D.C. to protest working conditions. Shipping rates have decreased since the global COVID-10 pandemic increased in severity; not only have truckers’ routes been reduced, so too have their wages. And of course, truckers also have families to support and their own needs to take care of. The decrease in job opportunities not only speaks to the state of the long-haul logistics industry, but also to America’s economy as a whole.

On May 15, business guru and marketing expert Benjamin Gordon tweeted about the situation (@benjaminhgordon). Gordon’s expertise lies in logistics and supply chain management, so it was a fitting tweet. Just looking at Benjamin Gordon’s work history, you can tell he has a lot of experience in this field. He founded BG Strategic Advisors (BGSA), a West Palm Beach-based investment banking firm for the supply chain sector. BGSA helps supply chain CEOs to maximize their value via mergers, acquisitions, investments, and other strategic initiatives. Benjamin has worked with firms such as UPS, DHL, Kuehne & Nagel, Agility Logistics, NFI Logistics, GENCO, Nations Express, Raytrans, Echo Global, Dixie, Wilpak, and others. At BGSA, Benjamin Gordon leads the annual BGSA Supply Chain conference, the largest annual conference for CEOs from all segments of the global supply chain.

COVID-19 threatens essential Truck drivers' jobs.
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COVID-19 threatens essential Truck drivers' jobs.

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