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

13 Jan 2017
After setback, owner-operators say they will "pull out all the stops" to convince lawmakers, US Supreme Court, to kill the ELD mandate.
01 Feb 2016
The battle to recruit and keep truck drivers is heating up. As driver turnover at large truckload fleets spikes, more and more carriers are offering targeted pay increases.
11 Jan 2016
Softer freight demand could blunt pay increases in 2016, but lower unemployment and higher demand for construction workers could push pay higher.
08 Jan 2016
For-hire trucking companies hired 9,000 people in November and December combined, reversing a decline in preceding months.
11 Dec 2015
The electronic logging mandate that takes effect in late 2017 will have a big impact on shippers, as well as carriers and drivers, especially when coupled with the driver coercion rule. Supply chains will have to adjust as technology brings both transparency and "rigidity" to driver hours.
10 Dec 2015
The Owner-Operator Independent Drivers Association will sue the Department of Transportation in a bid to block a rule requiring truck drivers to use electronic logging devices, the association's executive vice president said today.

Commentary

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