Previous entries have outlined California’s stance on independent contractors: “Someone cannot be considered a contractor if they are in the same line of business as the employer.
As a result, a plumber working for a retail store can be considered a contractor, while a truck driver working for a trucking company cannot.” (Source M H & L).
If the current administration gets its way, the National Labor Relations Board will make this rule standard in the country.
Why: If you are not a contractor, you are an employee. Employees can be unionized. There is jeopardy here for companies that hire 3PL, too: 3PL’s employees will be “co-employed.”
The other big Woe is: Oil price is $91/barrel.
When supply < demand, prices rise… in theory, adding to drilling for more supply. The US peaked at 1500 drilling rigs running in 2014. Currently, there are ~500. Why?
Reasons: