Labor department analysis questions driver shortage. The driver deficit swelled by more than 10,000 to 60,800 in 2018 from a year earlier, according to a study by the american trucking associations. The duo teamdrove a truck, meaning they would trade off driving so the vehicle would be on. Most recently the ata estimated that the trucking industry ended 2018 with a shortage of more than 60,000 truck drivers. Some sectors within the trucking industry have an even. Jan 17, 2020 the us bureau of labor statistics bls published an analysis of the labor market for truck drivers earlier in 2019 and determined that while it is tight, it is not facing a shortage, and is in fact behaving comparably to other bluecollar labor markets. It used to be commonplace for a truck to get 125,000 to,000 miles per year, he said. According to the american trucking associations, theres a. Truck driver shortage analysis 2019 supply chain 247. Labor department analysis questions driver shortage drivers. It remains the top industry concern, according to the american transportation research institutes annual survey yet. The increase in the driver shortage should be a warning to carriers, shippers and policymakers because if conditions dont change substantively, our. Truck driver shortage spurs rising prices, delayed deliveries conditions in the market today for heavyduty vehicle demand are as good as theyve ever been, vieth said. Experts the driver shortage is the result of an aging workforce, high turnover and increasing freight demand.
The american trucking associations has long said there s a severe driver shortage, driven by factors such as demographic changes and an overall tight. But truck drivers are a different matter, because of how crucial freight is to the u. According to the bureau of labor statistics, the driver shortage touted by the. Industry leaders have been complaining about a truck driver shortage for a while, but unlike other industries that have been. The chief economist for american trucking associations has criticized a. The trucking industrys driver shortage isnt improving, and its getting worse fast back in 2015, the american trucking associations ata estimated that the trucking industry could face a shortfall of almost 74,000 drivers by the end of 2016.
Sep 16, 2019 the ata is the largest national trade association for us truck carriers. When it comes to the truck driver shortage, the struggle is. Labor dept dont believe media on trucker shortage fleetowner. Jul 24, 2019 the driver deficit swelled by more than 10,000 to 60,800 in 2018 from a year earlier, according to a study by the american trucking associations. Americas massive truck driver shortage may triple by 2026. Facing a critical shortage of drivers, the trucking. The increase in the driver shortage should be a warning to carriers, shippers and policymakers because if conditions dont change substantively, our industry could be short just over 100,000 drivers in five years and 160,000 drivers in 2028. Truck driver shortage persists, even after a year of wage gains. Shortage of drivers slows booming truck demand transport topics. The ata projects the driver gap will increase to nearly 100,000 by 2021. Parcel industry news is there really a driver shortage. An aging fleet of drivers is one of the main reasons for the driver shortage. What is the solution for the truck driver shortage.
The truckdriver shortage has been a hot topic over the past year. Apr 21, 2010 truck drivers and driversales workers make up one of the largest occupations in the united states, holding 3. The us bureau of labor statistics bls published an analysis of the labor market for truck drivers earlier in 2019 and determined that while it is tight, it is not facing a shortage, and is in fact behaving comparably to other bluecollar labor markets. The american trucking association, a trade group that represents fleet owners, said annual truckdriver salaries rose between 15 percent and. Facing a critical shortage of drivers, the trucking industry is. Though idle truck capacity is one proxy that can help in the estimation, a government official noted that another parameter that depends on demandsupply relations driver salary has not grown in keeping with driver shortage levels.
Iowa 80 truck stop iowa 80 group his company hopes to attract new drivers, including millennials, by paying them to get a commercial drivers license. Retailers are facing a shipping squeeze, and the trucking industry just cant keep up. Atas costello projects out the driver shortage, and its a. Shortage of drivers slows booming truck demand transport. Joyce brenny, head of brenny transportation in minnesota, increased driver pay 15 percent this year to try to attract more drivers.
Jul 16, 2018 americas massive truck driver shortage may triple by 2026. Apr, 2018 the truck driver shortage is getting worse and more dangerous. Is americas trucking industry facing a driver shortage. If we have a shortage of bank tellers, financial institutions can raise pay and train new tellers, or can encourage consumers to switch to online banking. Owneroperator independent drivers association president todd spencer on the shortage of truck drivers. Sep 11, 2019 most recently the ata estimated that the trucking industry ended 2018 with a shortage of more than 60,000 truck drivers. The trucking industry has faced a shortage of drivers for years, but the problem is compounded now with baby boomer retirements, increased freight demands and a high turnover rate. Mar 20, 2019 the american trucking associations has long said there s a severe driver shortage, driven by factors such as demographic changes and an overall tight work force. Apr 25, 2019 the association claims that the truck driver shortage is a myth, easily rectified with higher wages. Apr 26, 2018 theres a shortage of 51,000 truck drivers nationwide, the ata says, up from 20,000 in 20 and 36,500 in 2016. Cnbcs kate rogers reports on the shortage of truck drivers and how it affects the greater u. Improving economy squeezes truck driver supply reuters. The owneroperator independent drivers association contends theres really not a shortage just a shortage of pay and an abundance of poor treatment. How the truck driver shortage impacts you fox business.
In an analysis released monday, john kearney, ceo of st. Us truck driver shortage points to bigger problems. Bls says truck driver shortage isnt real business insider. Analysis america has a massive truck driver shortage. Apr 30, 2018 the american trucking association, a trade group that represents fleet owners, said annual truck driver salaries rose between 15 percent and 18 percent from 20 to 2017. Ata releases updated driver shortage report and forecast. The us is running out of truckers transport topics. Not everyone is agreeing with the bls study, which contradicts some recent reporting that increasing driver pay has not had an impact on the shortage. Truckdriver salaries have fallen by as much as 50% since the 1970s and experts say a.
May 28, 2018 retailers are facing a shipping squeeze, and the trucking industry just cant keep up. Feb 09, 2018 if someone wants to open a new factory and finds the workers to build products, but the cost of freight is too high because of a truck driver shortage, then that business becomes uneconomical and. If someone wants to open a new factory and finds the workers to build products, but the cost of freight is too high because of a truck driver shortage. The truck driver shortage is getting worse and more dangerous. A shortage of drivers tops the pending implementation of the federal electronic logging device mandate as the biggest trucking business concern, according to an industry trade group. Nearly every period of economic growth is accompanied by a driver shortage, including the recovery that began in 2009. He did not take the bait on a question about elds creating this problem. Theres a shortage of 51,000 truck drivers nationwide, the ata says, up from 20,000 in 20 and 36,500 in 2016. Solving the us truck driver shortage solving the driver shortage is a complex problem and not one that can be solved with one solution.
No container or straight truck or trailer moves without, at some point, a truck driver. Us truck driver scarcity to persist but ease lawrence gross, president, gross transportation consulting oct 15, 2018 2. Truck drivers and driversales workers make up one of the largest occupations in the united states, holding 3. Jan 09, 2018 an aging fleet of drivers is one of the main reasons for the driver shortage.
Aug 24, 2019 the increase in the driver shortage should be a warning to carriers, shippers and policymakers because if conditions dont change substantively, our industry could be short just over 100,000. With the industry in the midst of a driver shortage, fleet owners could feel like they are in the business of recruiting drivers rather than hauling freight. Trucking companies ranked the truckdriver shortage their top industry issue in 2017 and 2018. Truck driver shortage analysis 2015 supply chain 247 paper. The endemic issue of truck driver shortage a comparative. Outlined below are some of the primary reasons the industry is suffering from a truck driver shortage. Apr 03, 2018 the driver shortage is occurring as truck productivity is beginning to slide, costello said, though they are not necessarily unrelated. In india, estimates for truck driver shortage range from 20% rathi, 2016 to 26% dasaraj, 2016. Hardly a day goes by without the driver shortage coming up in conversation. Even so, trucking companies, especially truckload carriers, often have great difficulty finding, hiring and keeping drivers. The bureau of labor statistics estimates that the average age of a commercial truck driver in the u. But the industry has spoken up about the problem and offered a few potential measures that may reduce or eliminate the shortage. Introduction the truck transportation industry in the u.
Truck driver shortage analysis 2019 in this analysis, we focus only on drivers of class 8 tractortrailers, this is where the bulk of the truck driver shortage prevails. May 28, 2018 daniel gollnick is a truck driver in melrose, wis. The american trucking associations has long said theres a severe driver shortage, driven by factors such as demographic changes and an overall tight work force. The combination of a surging economy and a rise in internet shopping is creating rising. Truck driver shortage analysis 2015 new ata report shows growing shortage of qualified truck drivers analysis shows driver shortage of 48,000 now, possibly 175,000 by 2024. Shortage of truck drivers lifts grocery prices supermarket news.
The us has a major truck driver shortage business insider. Truck driver shortage is on course to double in a decade. There are many causes of the truck driver shortage. According to the american trucking associations, theres a shortage of roughly 50,000 truck drivers across.
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