August 25, 2014: Driver shortage hits consumer’s wallets; ruling puts truck firms at risk; letter-writer says driver pay stinks

Here is a look at what is trending today in the world of transportation:

• This Fox Business story warns that the truck driver shortage will “affect the wallets” of every American very soon.
• In the Federal Court of New York, a so-called “landmark ruling” could upend vicarious liability protections, notes the Buffalo Law Journal.
• Insurance News Net posts an interesting story regarding what it calls the “great freight debate.”
• This letter-writer in the Buffalo News says the stingy driver pay scales of the trucking industry are to blame for the truck driver shortage.
• Improving cybersecurity is an absolute must for logistics firms, according to this story in the Logistics Business Review.
• A “polarizing vision” is helping to drive the market value of electric car maker Tesla Motors above $30 billion, notes Yahoo! Finance.
• A study conducted by researchers at the Massachusetts Institute of Technology (MIT) claims that cutting carbon emission levels pays for itself in the long run.
• Wall Street is apparently betting big on infrastructure fixes, reports CNBC.
• Germany’s educational system is touted as the best for training future workers, claims this story by PBS Newshour.
• A major 6.0-level earthquake rattles northern California, sparing the city of San Francisco but leaving infrastructure in the Napa Valley region a mess in many places, according to the San Francisco Examiner.