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

Although as a less-than-truckload carrier Old Dominion Freight Line is somewhat less exposed to the driver shortage than truckload companies, the North Carolina-based trucker is paying close attention to the issue.
24 Aug 2016
The long-anticipated, much-discussed truck driver shortage could surface again as a major problem as early as next year.
The year-over-year decline in June trucker hiring should be a warning for shippers concerned about truck capacity and the future direction of truck pricing.
11 Jul 2016
As freight demand lags, trucking's payroll drops from post-recession peak.
20 Jun 2016
U.S. regulators are taking further steps toward a rulemaking on the detention of truck drivers by shippers and their customers.
03 Jun 2016
The U.S. employment numbers for May highlight a rift in transportation hiring.
31 May 2016
The battle over truck driver hours-of-service and the 34-hour restart will likely roll into a House-Senate conference committee this summer.
06 May 2016
Trucking hiring is bumping against a post-recession ceiling as unemployment drops, construction wages rise.

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: