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

01 Feb 2018
National drayage company adds third company in its drive to expand through organic growth and acquisitions.
11 Dec 2017
Even as demand for truck-transported cargo rises, truck companies are struggling to add drivers, due to competition from better-paying jobs in other sectors.
13 Nov 2017
False logs are an "epidemic," and shippers are vulnerable, speakers tell the JOC Inland Distribution Conference. The latest federal data back them up.
23 Oct 2017
Concerns over the supply of truck drivers and the resulting increases in trucking rates will likely grow in the coming months.
19 Oct 2017
Truck driver wages and benefits grew for the fourth straight year in 2016.
13 Oct 2017
Higher third-quarter operating costs at J.B. Hunt, especially costs related to drivers and empty trucks, show why US shippers should be concerned about truck and intermodal pricing.

Commentary

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