The Driver Shortage

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.

What's causing the driver shortage?

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

05 Dec 2019
The best shippers have transportation and procurement teams that are in sync with each other, but cheap truck rates make for a difficult balancing act between pricing and loyalty to carriers.
18 Nov 2019
The number of violations issued to drivers for exceeding hours of service limits has dropped significantly since the ELD mandate took effect, but false log violations rose last year.
08 Nov 2019
A shift to time-based truckload rates will come, eventually, as electronic logging and detention disputes reshape supply chains, a TIA report finds.
06 Nov 2019
The number of speeding violations handed to US truck drivers jumped 7.8 percent in 2018, but speeding has been a problem since long before that. Shippers need to help solve it.
01 Nov 2019
The pace of hiring at US for-hire trucking companies continues to slow as low unemployment and alternative work challenge recruiters.
15 Oct 2019
Shippers are being urged to plan carefully for 2020, as signs begin to indicate the US truck market may swing again next year.

Commentary

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