Daily Archives: May 9, 2021

Mothers have always taken up the central role of a caretaker in the family, they are responsible for the financial needs of the family as well.

Of all the rights of women, the greatest is to be a mother. Indeed as Mothers Day is approaching and we pay tribute to one of the most important people in our lives, the roles and responsibilities that mothers take are often overlooked. The roles of mothers, in general, have changed and evolved over time. For a long time, it was the fathers responsibility to take care of the familys financial needs. With time, women have taken on the responsibility of shouldering the familys financial needs and with this, it is time for them to acknowledge the importance of life insurance for themselves.

Life insurance is a crucial element of any individuals financial plan; all mothers require life insurance including those who are not working professionals. Term life insurance pays out a lump sum if the policyholder meets an untimely demise within the policy period, thus proving to be an inexpensive way to protect the familys financial future. It helps in providing the family with funds to pay off debts, any form of disability or critical illness. Additionally, a term insurance plan is an excellent way to ensure a lifetime of financial security for your family.

Single Mothers- All mothers should have life insurance, but it can be argued that single moms need it the most. When couples invest in a plan with the possibility that one spouse will remain to care for the children. Single parents do not have this luxury. Your children look to you as their means of survival.

Working Mothers- Income replacement is one of the most important reasons to buy life insurance. In case of uncertainty, a term life insurance policy provides a death benefit to beneficiariesthat rely on your income to survive. As a mom, your children rely on your income for food, clothing, shelter, education etc.

Stay-at Home Moms They might not work outside the home to provide an income, but do a lot of work inside the home to save money home chores, managing kids and other responsibilities. In case of her absence, the father will have to take care of the children and ensure the mothers duties are managed well.

Financial Independence in the long term Life Insurance is critical for mothers to prepare for their future expenses. Whether a long term-life milestone or a provision for children, insurance plans are a great way to save for goals and provide a sense of financial independence.

Saving for the future- It is important to maintain the dual-income in case of your or your spouses retirement. A life insurance policy ensures that you continue to contribute to the welfare of the household.

Coverage for critical illness- Medical emergencies can prove to be a great burden, so invest in policies that cater to critical illness planning. In case of expensive treatment, one doesnt have to break a bank and can protect the family from the burden of high bills.

Protection for children and leaving behind the legacy Life Insurance provides children with the capital needed for a successful future. The money can help go a long way towards education, marriage, buying a house or making personal investments.

Insurance policies help everyone create a financial cushion for themselves and their loved ones. They are instrumental in preparing for unforeseen circumstances. And as Mothers have always taken up the central role of a caretaker in the family, they are responsible for the financial needs of the family as well. And adequate insurance is of utmost priority to strengthen the contingency plan and secure the future of their loved ones.

by, Vinit Kapahi, Head of Marketing, Aviva India

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Why should mothers opt for life insurance? - The Financial Express

The public health and economic toll the coronavirus pandemic caused are well documented. Perhaps less understood are the social impacts. According to a report from Pew Research Center, young adults in the United States were more likely to be living with at least one parent in July 2020 than at any time since the Great Depression.

The historic numbers of young adults either moving back home or choosing to remain there during the pandemic appears to have been a continuation of a broader trend. According to data from the U.S. Census Bureau, 34.4% of Americans between the ages of 18 and 34 lived with at least one parent, grandparent, or former guardian in 2019 -- compared to 31.5% in 2010.

The likelihood of young adults residing with their parents varies considerably from state to state.

Just 30.4% of the 1.6 million 18 to 34 year olds in Tennessee live with parents or grandparents, below the national share.

The reduced likelihood of young adults living at home in the state is likely due in part to certain economic conditions that make it easier for those in the early stages of a career to achieve financial independence and afford their own place to live. For one, Tennessee is relatively inexpensive, with a cost of living 10.3% below the national average. Young people in the state are also more likely to be employed than their counterparts nationwide as the unemployment rate in Tennessee stands at 5.1% -- below the 6.2% unemployment rate nationwide.

To determine the states where the most young adults live with their parents, 24/7 Wall St. reviewed data on family and household type from the Public Use Microdata Sample summary files of the U.S. Census Bureau's 2019 American Community Survey. States were ranked on the percentage of adults 18 to 34 years old who live with their biological parents, adoptive parents, steparents, foster parents, or grandparents in 2019. Supplemental data on the median age at first marriage of the 15 to 54 year-old cohort came from the Census Bureau's 2019 ACS. Data on regional price parity used to calculate cost of living came from the Bureau of Economic Analysis and is for 2019.

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This Is How Many People Live With Their Parents In Tennessee - Kingsport Times News

The public health and economic toll the coronavirus pandemic caused are well documented. Perhaps less understood are the social impacts. According to a report from Pew Research Center, young adults in the United States were more likely to be living with at least one parent in July 2020 than at any time since the Great Depression.

The historic numbers of young adults either moving back home or choosing to remain there during the pandemic appears to have been a continuation of a broader trend. According to data from the U.S. Census Bureau, 34.4% of Americans between the ages of 18 and 34 lived with at least one parent, grandparent, or former guardian in 2019 -- compared to 31.5% in 2010.

The likelihood of young adults residing with their parents varies considerably from state to state.

Young adults in the Midwest are among the least likely of all Americans in the same age group to reside with their parents or grandparents. In Indiana, a smaller than average 29.9% share of the 18 to 34 year olds live with their parents.

Like other parts of the region, Indiana has a low cost of living and a relatively strong job market -- both factors that can make it easier for those in the early stages of a career to achieve financial independence and afford their own place. Cost of living in the state is 11.3% below the national average and the unemployment rate in Indiana stands at 4.7% -- below the 6.2% unemployment rate nationwide.

To determine the states where the most young adults live with their parents, 24/7 Wall St. reviewed data on family and household type from the Public Use Microdata Sample summary files of the U.S. Census Bureau's 2019 American Community Survey. States were ranked on the percentage of adults 18 to 34 years old who live with their biological parents, adoptive parents, steparents, foster parents, or grandparents in 2019. Supplemental data on the median age at first marriage of the 15 to 54 year-old cohort came from the Census Bureau's 2019 ACS. Data on regional price parity used to calculate cost of living came from the Bureau of Economic Analysis and is for 2019.

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This Is How Many People Live With Their Parents In Indiana - pdclarion.com

The public health and economic toll the coronavirus pandemic caused are well documented. Perhaps less understood are the social impacts. According to a report from Pew Research Center, young adults in the United States were more likely to be living with at least one parent in July 2020 than at any time since the Great Depression.

The historic numbers of young adults either moving back home or choosing to remain there during the pandemic appears to have been a continuation of a broader trend. According to data from the U.S. Census Bureau, 34.4% of Americans between the ages of 18 and 34 lived with at least one parent, grandparent, or former guardian in 2019 -- compared to 31.5% in 2010.

The likelihood of young adults residing with their parents varies considerably from state to state.

In Illinois, young adults are more likely to live with a parent or grandparent than in any other state in the Midwest. An estimated 36.2% of the state's population between the ages of 18 and 34 live with their parents.

One potential explanation for the greater likelihood is the state's relatively weak job market, which can make it more difficult for those in the early stages of a career to achieve financial independence. An average of 9.5% of the state's labor force were unemployed in 2020, and as of March 2021, the jobless rate in the state stood at 7.1%. Meanwhile, the comparable unemployment rates nationwide were 8.1% and 6.2%, respectively.

To determine the states where the most young adults live with their parents, 24/7 Wall St. reviewed data on family and household type from the Public Use Microdata Sample summary files of the U.S. Census Bureau's 2019 American Community Survey. States were ranked on the percentage of adults 18 to 34 years old who live with their biological parents, adoptive parents, steparents, foster parents, or grandparents in 2019. Supplemental data on the median age at first marriage of the 15 to 54 year-old cohort came from the Census Bureau's 2019 ACS. Data on regional price parity used to calculate cost of living came from the Bureau of Economic Analysis and is for 2019.

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Young Adults in Illinois Are More Likely than Average to Live with their Parents - The Center Square

The public health and economic toll the coronavirus pandemic caused are well documented. Perhaps less understood are the social impacts. According to a report from Pew Research Center, young adults in the United States were more likely to be living with at least one parent in July 2020 than at any time since the Great Depression.

The historic numbers of young adults either moving back home or choosing to remain there during the pandemic appears to have been a continuation of a broader trend. According to data from the U.S. Census Bureau, 34.4% of Americans between the ages of 18 and 34 lived with at least one parent, grandparent, or former guardian in 2019 -- compared to 31.5% in 2010.

The likelihood of young adults residing with their parents varies considerably from state to state.

The share of Oklahoma residents in the 18 to 34 age group who live with their parents is just 27.3%, less than in most states and well below the comparable national average.

Certain economic conditions in Oklahoma make it easier for young adults to achieve financial independence and afford their own place to live. For one, the state is one of the least expensive in the country, with a cost of living 12.8% below the national average. Young people in the state are also probably more likely to be employed than their counterparts nationwide, as the monthly jobless rate in Oklahoma stands at just 4.1% -- well below the 6.2% unemployment rate nationwide.

To determine the states where the most young adults live with their parents, 24/7 Wall St. reviewed data on family and household type from the Public Use Microdata Sample summary files of the U.S. Census Bureau's 2019 American Community Survey. States were ranked on the percentage of adults 18 to 34 years old who live with their biological parents, adoptive parents, steparents, foster parents, or grandparents in 2019. Supplemental data on the median age at first marriage of the 15 to 54 year-old cohort came from the Census Bureau's 2019 ACS. Data on regional price parity used to calculate cost of living came from the Bureau of Economic Analysis and is for 2019.

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This Is How Many People Live With Their Parents In Oklahoma - Purcell Register

The public health and economic toll the coronavirus pandemic caused are well documented. Perhaps less understood are the social impacts. According to a report from Pew Research Center, young adults in the United States were more likely to be living with at least one parent in July 2020 than at any time since the Great Depression.

The historic numbers of young adults either moving back home or choosing to remain there during the pandemic appears to have been a continuation of a broader trend. According to data from the U.S. Census Bureau, 34.4% of Americans between the ages of 18 and 34 lived with at least one parent, grandparent, or former guardian in 2019 -- compared to 31.5% in 2010.

The likelihood of young adults residing with their parents varies considerably from state to state.

Maine is one of only a few states in the Northeast where a smaller than average share of young adults live with their parents. Just 27.8% of the state's 18 to 34 year olds live with parents or grandparents.

The reduced likelihood of young adults living at home in the state is likely due in part to certain economic conditions that make it easier for those in the early stages of a career to achieve financial independence and afford a place of their own. For one, the state is relatively inexpensive, with a cost of living 0.7% below the national average. Young people in the state are also more likely to be employed than their counterparts nationwide, as the unemployment rate in Maine stands at 5.4% -- below the 6.2% unemployment rate nationwide.

To determine the states where the most young adults live with their parents, 24/7 Wall St. reviewed data on family and household type from the Public Use Microdata Sample summary files of the U.S. Census Bureau's 2019 American Community Survey. States were ranked on the percentage of adults 18 to 34 years old who live with their biological parents, adoptive parents, steparents, foster parents, or grandparents in 2019. Supplemental data on the median age at first marriage of the 15 to 54 year-old cohort came from the Census Bureau's 2019 ACS. Data on regional price parity used to calculate cost of living came from the Bureau of Economic Analysis and is for 2019.

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This Is How Many People Live With Their Parents In Maine - Conway Daily Sun

The public health and economic toll the coronavirus pandemic caused are well documented. Perhaps less understood are the social impacts. According to a report from Pew Research Center, young adults in the United States were more likely to be living with at least one parent in July 2020 than at any time since the Great Depression.

The historic numbers of young adults either moving back home or choosing to remain there during the pandemic appears to have been a continuation of a broader trend. According to data from the U.S. Census Bureau, 34.4% of Americans between the ages of 18 and 34 lived with at least one parent, grandparent, or former guardian in 2019 -- compared to 31.5% in 2010.

The likelihood of young adults residing with their parents varies considerably from state to state.

Many of the states where young adults are less likely to reside with their parents are in the Midwest. One of them is Nebraska, where just 21.4% of the 18 to 34 year olds are living at home with parents or grandparents.

A strong job market can make it easier for young adults to achieve financial independence and afford their own home. In Nebraska, the monthly unemployment rate of 2.8% is the lowest in the country and less than half the comparable 6.2% national jobless rate.

To determine the states where the most young adults live with their parents, 24/7 Wall St. reviewed data on family and household type from the Public Use Microdata Sample summary files of the U.S. Census Bureau's 2019 American Community Survey. States were ranked on the percentage of adults 18 to 34 years old who live with their biological parents, adoptive parents, steparents, foster parents, or grandparents in 2019. Supplemental data on the median age at first marriage of the 15 to 54 year-old cohort came from the Census Bureau's 2019 ACS. Data on regional price parity used to calculate cost of living came from the Bureau of Economic Analysis and is for 2019.

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This Is How Many People Live With Their Parents In Nebraska - Norfolk Daily News

The public health and economic toll the coronavirus pandemic caused are well documented. Perhaps less understood are the social impacts. According to a report from Pew Research Center, young adults in the United States were more likely to be living with at least one parent in July 2020 than at any time since the Great Depression.

The historic numbers of young adults either moving back home or choosing to remain there during the pandemic appears to have been a continuation of a broader trend. According to data from the U.S. Census Bureau, 34.4% of Americans between the ages of 18 and 34 lived with at least one parent, grandparent, or former guardian in 2019 -- compared to 31.5% in 2010.

The likelihood of young adults residing with their parents varies considerably from state to state.

There are 1.7 million people between the ages of 18 and 34 in New York state living with at least one parent or grandparent, or 37.7% of the young adult population.

A number of factors in the state may make it more difficult for those in the early stages of a career to achieve financial independence and afford their own place to live. For one, unemployment in New York stands at 8.5%, well above the 6.2% national average. Additionally, housing is not especially affordable in the state, as the median home value of $338,700 is nearly five times higher than the median household income of $61,980. Nationwide, the typical home is worth less than four times the median household income.

To determine the states where the most young adults live with their parents, 24/7 Wall St. reviewed data on family and household type from the Public Use Microdata Sample summary files of the U.S. Census Bureau's 2019 American Community Survey. States were ranked on the percentage of adults 18 to 34 years old who live with their biological parents, adoptive parents, steparents, foster parents, or grandparents in 2019. Supplemental data on the median age at first marriage of the 15 to 54 year-old cohort came from the Census Bureau's 2019 ACS. Data on regional price parity used to calculate cost of living came from the Bureau of Economic Analysis and is for 2019.

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Young Adults in New York Are More Likely than Average to Live with their Parents - Salamanca Press

On Thursday I provoked a lot of conversation from some of my friends in High Places with this column posted late in the day that packed some power in only a few paragraphs:

May 06, 2021 ' 03:30 PM EDT DOUG KASS

* Fearing more cowbell

How is "transitory" inflation (high) price stability? Is the Fed violating a core tenet of its mandate? Can they make their own mandate now?

If "transitory" inflation is OK, why isn't transitory deflation OK? Isn't transitory deflation what their "models" should have suggested with regard to COVID? Virus goes away, economy recovers. Don't need a model. Bridge the gap fine, make sure the underlying financial alchemy hangs together, but after that well why the need to react so much to a transitory theoretical deflationary situation which never even turned out to be deflationary? They may argue there is substantial risk to transitory deflation, and it could feed on itself and create a fair bit of damage. Fine, same can be said of transitory inflation as well. In fact, more economic disasters in the world have been born out of inflationary disasters as opposed to deflationary disasters. The inflationary disasters tend to seem to start with poor governance, both fiscal and monetary, that we are seeing now.

My guess is the answer to all of this is the Fed is no longer an independent entity and has become entangled in politics. Further, the Fed has its own version of cancel culture. Follow doctrine, you are acceptable as an economist, and you become part of the group. Disagree, well you are just an old school curmudgeon stuck in the dark ages and you don't get a seat at the table. Mix that with the aforementioned lack of independence and politicization of the Fed, and you have a dangerous condition.

P.S. - Interesting from the State of Montana

With regard to my last point about the Fed no longer being independent of the Executive Branch, this little ditty hit the wires late in the day -- and it probably was the reason the market bounced right into the close as the headlines hit.

Fed Chair Powell, who has already been far too accommodative, is clearly getting pressure to remain more than highly accommodative and support aggressive fiscal policy as well by continuing to monetize our debt. At a minimum these little leaks are one more warning shot across the bow, "toe the line or you will be replaced."

Further to my point about lack of Fed independence -- in addition to them ignoring their own mandate -- appointing Yellen to run Treasury, given she was the former head of the Fed, also crosses a dangerous line with regard to the theoretical independence of the Fed.

Then this article below.

Full of contentions like this,"how the Federal Reserve manages the economy must be part of the Administration's policy vision as it decides who will lead the central bank," Fed Up urges the White House to back legislation to require the Fed to discuss racial employment and wage gaps twice a year, and what steps it is taking to eliminate them, and to create Fed Accounts to provide access to lower cost financial services and the more efficient distribution of federal benefits and aid. The proposal calls for standing Fed credit facilities to support real economy investment, not just financial markets in emergencies, and for more oversight over the lightly regulated financial sector that engages in bank-like activities. Finally, the group calls for more diversity among the Fed's leadership and regional bank boards." These guys more or less want the Fed to become progressive policy advocates. (Disclosure to readers, I am a Progressive Democrat!) That is clearly NOT part of the Fed mandate.

The plot seems to be badly lost among many now. Then again the Fed seems to be setting their own mandate now, so why stop here? Oversight of the Supreme Court? Becoming a 51ststate? Taking over the CIA and FBI and Justice Department? Educational policy?

Lastly, back to Lael Brainard. The latest financial stability report -- where she is one of the more influential authors -- contained the following quotes. Isn't it ironic? Put policy in place that causes excessive risk taking, but then warn that all the risk taking in turn could lead to broader stress on the financial system should said risk appetite reverse.

So are they trying to tap the brakes OR is this an admission that they cannot tap the brakes and must do more of the same to make sure risk taking accelerates to ludicrous speed? This is sort of how Ponzi schemes and drugs work. You always need more, or it comes undone.

Prices may be vulnerable to "significant declines" should risk appetite fall, the Fed report noted:

* "...Should risk appetite decline from elevated levels, a broad range of asset prices could be vulnerable to large and sudden declines, which can lead to broader stress to the financial system."

* "Indicators pointing to elevated risk appetite in equity markets in early 2021 include the episodes of high trading volumes and price volatility for so-called meme stocks -- stocks that increased in trading volume after going viral on social media," the report said.

* "Elevated equity issuance through SPACs also suggests a higher-than-typical appetite for risk among equity investors."

The latest Financial Stability Report provides valuable analysis to track increases in financial system vulnerabilities. I would highlight a few areas. Vulnerabilities associated with elevated risk appetite are rising. Valuations across a range of asset classes have continued to rise from levels that were already elevated late last year. Equity indices are setting new highs, equity prices relative to forecasts of earnings are near the top of their historical distribution, and the appetite for risk has increased broadly, as the "meme stock" episode demonstrated. Corporate bond markets are also seeing elevated risk appetite, and the spreads of lower quality speculative-grade bonds relative to Treasury yields are among the tightest we have seen historically. The combination of stretched valuations with very high levels of corporate indebtedness bear watching because of the potential to amplify the effects of a re-pricing event.

The FSR describes the failure of Archegos Capital Management and the associated losses at a number of large banks. It highlights the potential for nonbank financial institutions such as hedge funds and other leveraged investors to generate large losses in the financial system. The Archegos event illustrates the limited visibility into hedge fund exposures and serves as a reminder that available measures of hedge fund leverage may not be capturing important risks. The potential for material distress at hedge funds to affect broader financial conditions underscores the importance of more granular, higher-frequency disclosures.

With investors ebullient on expectations for a strong rebound, it is important to closely monitor risks to the system and ensure the financial system is resilient. With valuations and risk appetite at elevated levels, strong microprudential safeguards and macroprudential tools such as the Countercyclical Capital Buffer will be important to address risks to financial stability and enable monetary policy to focus on its maximum employment and average inflation goals.

My concerns are multiple:

Considering that our government now appears willing to to pay for free community college, pre-school, childcare and those are all brand new entitlement programs, the debt buildup will only accelerate further on top of the initial spending.

Below is a chart of U.S. Treasury marketable debt since 1975 from Peter Boockvar.

Again, the debt build up is not really transitory.

(This commentary originally appeared on Real Money Pro on May 6. Click here to learn about this dynamic market information service for active traders and to receive Doug Kass's Daily Diary and columns from Paul Price, Bret Jensen and others.)

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Kass: Questioning the Fed's Policy, Independence and Mandate - RealMoney

Mothers Day honors motherhood, women who provide maternal bonds in our life and the influence that these moms have on our society.

FreightWaves interviewed four mothers in the industry, including three drivers and one mother who helps run the operations, a job commonly held by women in the industry.

Anna Alderete is the mother of three daughters and a grandmother to three grandchildren. She was a stay-at-home mom for 10 years and became a truck driver to provide herself with financial independence. She has been driving since 2012 and currently drives for TMT Industries.

Anna can be easily spotted on the road with her pink underglows, a customization provided to her by her company. TMT Industries was the featured truck and driver in the May issue of Truck Club.

LaKeesha Martin is the mother to one biological child, two stepchildren, five adopted foster children and grandmother to three grandchildren. She is a CDL driver with over 26 years of experience and the creator of TruckersLyfe: Helping Highway Heros, where she is commonly known as Queen Kee to her mentees.

She is also the author of the H.E.R. Method: You Are Precious Cargo, a guide to personal protection for truck drivers.

Tracy Gaudette is the mother to two children. After a painful divorce, Gaudette decided to start her new life as a truck driver, a career her mother and stepdad once did as a team. She has been driving for over five years and drives for U.S. Xpress Enterprises Inc. (NYSE:USX).

Tracy has been awarded team driver of the month and team driver of the year at U.S. Xpress. She received the member of the month award in October from the Women in Trucking Association.

Melissa Gaglione has a blended family with her fianc, to whom she is the mother figure of 5 children. She is an operations manager at her fiancs towing company and the president of Safety4her Inc., a high-visibility line of clothing for women working in the logistics industry.

Melissa started the company after finding that clothing that would comply with regulations was too long or too wide and heavy for most women and decided to design safety clothing that properly fit, including patent pending safety leggings.

She is also a member of the Women of Towing and Recovery Association and Women in Trucking Association.

These interviews were edited for clarity and length.

FREIGHTWAVES: What is it like to be a mother in the industry?

Alderete: I had never spent more than 3 days away from my daughters so it was really hard for me when I first started driving a truck. Luckily, the Relief and Recovery Fleet was very flexible and I would be out for two weeks and home for one week [at a time]. That helped me ease into it.

Martin: The worst thing about being away from my children was not being able to hug them whenever I wanted. Before there were such things like Zoom, I would look forward to phone calls at the end of my driving day.

A truck driving mom has dilemmas that tug on her heart, similar to a deployed military mom. Mom guilt is just that, because for the most part, dads who work away from home are not stigmatized for their decision to be away from home. Adaptability and clear communication with my littles very early in their lives helped us to deal with the obstacles.

Gaudette: It can be difficult at times because when your children need you, you are hundreds of miles away and you have to try to fix things over the phone. On the plus side though, both of my children think that their mom is one of the coolest moms out there.

Gaglione: It is definitely a juggling act! I think as women we try to do it all and learning to slow down and smell the roses has helped. We have a blended family of 5 kids so I can say there is never a boring moment and I am not sure what silence is anymore. Still, I would not trade it for anything!

FREIGHTWAVES: What could the industry change to help support mothers?

Alderete: Currently, the industry is very supportive for mothers. Truckers are in such high demand that companies will work with you on finding that perfect schedule. You might have to get some road experience first but once you have around two years under your belt and a clean record, you have options.

I think there is also less gender inequality. Rates are equal across the board.

Martin: It would be helpful if more truck stops included kid-friendly zones. Some truck stops have dog walking areas to accommodate pets and it would not be a big leap to add a swing set or jungle gym area for kiddos to stretch their legs.

There are changing areas in the womens restroom but if they added a family restroom that was separated from the public restroom it would be a good start. Many stores and airports have added these features to assist families. This area could also serve as a lactation station for breastfeeding mothers to have privacy. They could also designate a family shower stall much like the one they have for the handicapped. The extra space and time to get clean with your little ones can be challenging inside a regular shower stall.

Gaudette: I think that parents, not just mothers, need support and perhaps one way would be to be a little bit flexible with hometime. The company I work for (U.S. Xpress) has been awesome in this regard and I have no complaints.

Gaglione: I think being more open to understanding men and women are not the same and we require different adjustments in some areas. One of the major areas is safety clothing, as we are not shaped the same as men.

Another area is emotional safety for women. Balancing being a mother, a manager, an owner, and other hats can be difficult for women to emotionally deal with.

FREIGHTWAVES: Do your children ever go on the road with you or your significant other?

Alderete: Ive taken each one of my daughters out on the road with me. My youngest, Jelly, was my first passenger when she was 13 years old. We ran 11 states in 6 days. My second born, Andie, ran with me quite a few times. I believe she saw almost 30 states. My oldest ran locally with me to Las Vegas and San Diego a few times. I love having them roll out with me!

Martin: When they were little, between the ages of birth and five years old, they came along. Car seats, pack and plays and diaper bags all found their place in the bunk area.

When they became school aged, I had help from family members and I adjusted my long-haul driving to a regional dedicated lane that allowed me to be home every Friday. My truck soon became summer camp as they packed up to ride with me during their breaks. This was the system I put in place while I was a single mom.

Gaudette: No. My oldest is an adult who just recently got engaged so her life right now is working, saving, and planning a wedding. My youngest just became old enough, by company policy, to ride in the truck but then the pandemic hit and she has been quarantined and doing remote schooling. She just recently started going back to school in person and is loving the social interaction with her friends. I wont take her away from that.

Gaglione: We have not and honestly I try to concentrate on family when we do take our vacations, even though that really never happens in the transportation industry.

FREIGHTWAVES: What is your perfect Mothers Day gift?

Alderete: I know its cheesy but of course it would be to have all three of my daughters under the same roof. A little challenging when my Marine is based in Okinawa and my sailor is based in Port Hueneme. Well try again next year.

Martin: To be able to hug, hold and kiss my children and grandchildren. I havent been able to visit them physically in about a year and a half. Due to the dangers of my exposure to COVID-19, our family decided it was safer to not have in person gatherings.

Gaudette: Anything from my kids that shows me they are glad I am their Mom. Every year, they do just that.

Gaglione: Its the small simple things. I am always busy and running around so the perfect gift is my children letting me know that they are happy and they know they are loved.

FREIGHTWAVES: How are you spending your Mothers Day this year?

Alderete: Ill be spending it with two of my daughters. We will video chat with my Marine.

Martin: I have no plans set for this Mothers Day. I usually just field calls from the kids and grandkids.

My husband used to make a bigger deal out of the day than the children, to show his appreciation. I have been a widow now for 12 years, so that tradition has long become a pleasant memory.

I already set aside every Sunday for self care, so I will probably do one of my favorite self care things and schedule a massage.

Gaudette: This year I will be working but I was just home on vacation at the end of April and we celebrated Mothers Day while I was home.

Gaglione: We normally just hangout and maybe go for dinner. Were a pretty active family and like to be outside boating, swimming, riding bikes, and many other things.

Click here for more articles by Grace Sharkey.

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Mothers make the trucking world go around - FreightWaves