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report the second half of 2021. this 5.281 Jump to 32.399
    DATE the second half of 2021
second half of 2021 some of the key 4.88 Jump to 41.76
what's going to happen in 2022 4.64 Jump to 64.72
    DATE 2022
at a high level you know the first the 4.4 Jump to 67.36
    ORDINAL first
first thing is we are seeing this rising 4.96 Jump to 69.36
    ORDINAL first
2.5 trillion dollars in excess 5.92 Jump to 79.68
    MONEY 2.5 trillion dollars
rate of 16 trillion dollars in august 5.84 Jump to 93.2
    MONEY 16 trillion dollars
and kept rising through 2021 we also saw 6.32 Jump to 95.52
    DATE 2021
record retail sales uh holding at 20 4.96 Jump to 99.04
    CARDINAL 20
all-time high in october of 565 billion 4.96 Jump to 104.0
    DATE october
    MONEY 565 billion
resulted in a 19 month delay in new 4.4 Jump to 119.84
    DATE a 19 month
i mean a 19-month delay is pretty 3.519 Jump to 124.24
    DATE 19-month
number one and number two what kind of 3.68 Jump to 141.76
    CARDINAL number one
    CARDINAL number two
which represents over 34 of trucking 4.72 Jump to 149.36
    CARDINAL 34
employment is down three percent since 3.6 Jump to 152.08
    PERCENT three percent
week for a driver is now 44 hours 4.399 Jump to 159.12
    TIME 44 hours
compared to 41 pre-covered and 4.08 Jump to 161.12
    CARDINAL 41
drivers starting as young as 18. that 4.239 Jump to 182.0
    CARDINAL 18
but what we're seeing is an 85 5.12 Jump to 213.92
    DATE 85
year from 2021 to 2020 and 2020 was 5.119 Jump to 219.04
    DATE 2020
    DATE 2020
into 110 000 new drivers entering the 5.121 Jump to 224.159
    CARDINAL 110
there's over 3.5 million drivers uh in 5.039 Jump to 283.6
    CARDINAL over 3.5 million
know one of the largest employment 3.361 Jump to 288.639
uh that translates to about 1.5 million 4.0 Jump to 292.0
    CARDINAL about 1.5 million
said that 75 percent of their drivers 3.839 Jump to 329.36
    PERCENT 75 percent
are now over 75 000 3.84 Jump to 330.88
offers coming in over a hundred thousand 4.56 Jump to 336.96
    CARDINAL a hundred thousand
increased you know over 30 40 50 since 5.04 Jump to 345.36
    DATE 30 40 50
carrier base so over 70 percent of our 4.72 Jump to 393.919
    PERCENT over 70 percent
is one thing that's been a priority for 3.361 Jump to 401.759
    CARDINAL one
even eight years ago if they wanted to 3.28 Jump to 423.84
    DATE eight years ago
than they did you know five six ten 4.959 Jump to 436.8
right after the early 2020 kind of post 4.639 Jump to 505.12
    DATE 2020
160 hours of training to get a cdl it's 4.4 Jump to 577.04
    TIME 160 hours
expensive it's a thousand thousands of 3.52 Jump to 579.6
    CARDINAL a thousand thousands