ORLANDO, Fla., Oct. 22, 2017 /PRNewswire-USNewswire/ -- Today,
American Trucking Associations Chief Economist Bob Costello released the findings of his latest
report into the driver shortage, warning the trucking industry
could be short 50,000 drivers by the end of 2017.
"In addition to the sheer lack of drivers, fleets are also
suffering from a lack of qualified drivers, which amplifies the
effects of the shortage on carriers," Costello said. "This means
that even as the shortage numbers fluctuate, it remains a serious
concern for our industry, for the supply chain and for the economy
at large."
According to the report, ATA's first in-depth examination of the
driver shortage since 2015, the driver shortage eased in 2016 to
roughly 36,500 – down from 2015's shortfall of 45,000.
"We experienced a 'freight recession,' last year, which eased
the pressure on the driver market," Costello said. "Now that
freight volumes accelerating again, we should expect to see a
significant tightening of the driver market."
In the report, ATA projects the shortage to reach 50,000 by the
end of 2017 and if current trends hold the shortage could grow to
more than 174,000 by 2026.
Costello detailed the causes of the shortage in the report,
including the demographics of the aging driver population,
lifestyle issues, regulatory challenges and others; as well as
possible solutions.
"While the shortage is a persistent issue in our industry, motor
carriers are constantly working to address it," he said. "We
already see fleets raising pay and offering other incentives to
attract drivers. Fleets are also doing more to improve the
lifestyle and image of the truck driver, but there are also policy
changes like reducing the driver age as part of a graduated
licensing system, or easing the transition for returning veterans,
that can make getting into this industry easier and therefore help
with the shortage."
For the full 2017 ATA Driver Shortage Report, click here.
American Trucking Associations is the largest
national trade association for the trucking industry. Through a
federation of 50 affiliated state trucking associations and
industry-related conferences and councils, ATA is the voice of the
industry America depends on most to move our nation's freight.
Follow ATA on Twitter or on
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SOURCE American Trucking Associations