Executive Briefings

What Must We Do to Overcome the Truck Driver Shortage?

Transportation capacity problems have been a volatile issue over the past 20 years or so. A thorough analysis provided by the Council of Supply Chain Management Professionals, in its "State of Logistics" report, indicates that by 2017, shippers in the U.S. will face shortages in trucking resources again, predominantly a trucker shortage, in the near future due to an array of developments that may cause shippers to find loads left on the ground, shipping costs rapidly escalating, and shrinking profit margins that stun stakeholders.

The 2014 winter weather triggered a trucking capacity problem. And, new regulatory changes establishing no less than 20 new rules, each either already in effect or in the process of enactment, will further impact capacity throughout the U.S. The new regulations include implementation of electronic logging instruments, speed-limiting and other equipment, more stringent alcohol and drug testing for drivers, and other increases in CSA restrictions. The stricter regulations promise to effectively diminish the number of available drivers and trucks, and available time for turns. Noel Perry, economist and trucking industry expert, predicts a reduction in the nation's trucking force by 700,000 drivers. This adds to the existing insufficiency in numbers of new drivers coming into the industry to replace retiring drivers and thus a massive trucker shortage.

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The 2014 winter weather triggered a trucking capacity problem. And, new regulatory changes establishing no less than 20 new rules, each either already in effect or in the process of enactment, will further impact capacity throughout the U.S. The new regulations include implementation of electronic logging instruments, speed-limiting and other equipment, more stringent alcohol and drug testing for drivers, and other increases in CSA restrictions. The stricter regulations promise to effectively diminish the number of available drivers and trucks, and available time for turns. Noel Perry, economist and trucking industry expert, predicts a reduction in the nation's trucking force by 700,000 drivers. This adds to the existing insufficiency in numbers of new drivers coming into the industry to replace retiring drivers and thus a massive trucker shortage.

Read Full Article