The Driver Shortage

Truck drivers are the basic unit of transportation capacity and the glue that holds supply chains together. No container or straight truck or trailer moves without, at some point, a truck driver. Even so, trucking companies, especially truckload carriers, often have great difficulty finding, hiring and keeping drivers. Nearly every period of economic growth is accompanied by a driver "shortage," including the recovery that began in 2009.

Is today’s shortage truly a demographic lack of available qualified drivers, or is it a market shortage created by comparatively low pay and unsatisfactory working conditions? How will federal regulations governing licensing, medical testing, safety enforcement and how long drivers may work affect demand and supply? Unless trucking companies, logistics providers and shippers work together to finally resolve trucking’s “driver problem,” transportation and logistics costs will rise substantially, and supply chains will be put at risk.

Read more:

10 Reasons for Driver Turnover and What Carriers Can Do About It

 

News & Analysis

20 Jun 2016
U.S. regulators are taking further steps toward a rulemaking on the detention of truck drivers by shippers and their customers.
02 May 2015
More driving schools, acquisitions and an expanded owner-operator fleet helped Celadon Trucking field more capacity and increase revenue and profit in the first quarter.
24 Apr 2015
A graduated licensing program for commercial drivers is needed to bring younger people into the trucking industry, ATA executives said.
13 Apr 2015
Shippers need to work with trucking suppliers to find ways to 'mitigate' driver shortage as pay hikes push up rates, Werner's Derek Leathers says.
03 Apr 2015
Trucking employment declined last month for the first time since May 2013 as U.S. job markets overall stumbled amid slower-than-expected economic growth. For-hire trucking companies shed 6,800 jobs in March. At the same time, the U.S. created only 126,000 jobs, far fewer than anticipated.

Commentary

The evidence is overwhelming that the younger the driver, the greater the risk of road accidents and fatalities.

Video

JOC Senior Editor Bill Cassidy reports on the Oct. 2015 Inland Distribution Conference, including insights from FedEx Chairman Fred Smith, key concerns facing shippers and and regulatory changes impacting truck drivers on the road.
YRC Worldwide’s new CEO James Welch details the progress of the turnaround efforts for the $5 billion trucking operator.YRC News: