The 86,000 looks good until you do the math. The driver shortage will be resolved only when drivers receive wages which demonstrate a fair reflection of their skill, sacrifice and long hours, and they are valued for all their time. But the underlying challenges remain: not enough people want to drive trucks at current rates. Benjamin Gordon is an entrepreneur, advisor, and investor for companies in transportation, logistics, and supply chain technology. Nor would they call these conditions a “broken market,” since the high turnover that marks such a segment is an indicator that the jobs in it are unattractive to many potential employees. Two-truck platooning — yielding 1% savings due to fuel improvement, Driverless platooning — enabling “follower trucks” to drive unmanned, producing an additional 10% savings, Constrained autonomy — allowing unmanned trucks to operate in geofenced areas, garnering 20% savings, Fully-autonomous trucks — eliminating drivers for all functions including loading, driving, and delivery, and achieving a full 45% saving. Truck drivers are a vital link in the supply chain that keeps the American economy moving smoothly. They are the tool to their demise. Anyone remember the nursing shortage? Why is it ok for us to operate heavy machinery 70 hours a week but it is illegal to sit at a desk for more than 40? Save my name, email, and website in this browser for the next time I comment. Why are there labor laws in every other industry except trucking? This deregulation is what spawned billion-dollar trucking companies like J.B. Hunt, Schneider, and YRCW. Not enough down time, unreasonable living conditions, lack of access to basic supplies, in most cases the damage to the body and mind are neglected by both the industry and government. Use the comments section to cite yours. If the drivers dont wake up to the fact that we are in trouble, as an industry, and band together, it will not get any better. It is in turn a call for more student truck drivers who are poorly trained, work for very cheap and are generally churned through the system so quickly they are likely not retained past one year. People ask why is there nothing being done about this Injustice? KEEP ON TRUCKIN’!!! Many individuals entering the occupation in this specific part of the trucking industry find the working conditions and earnings to be unattractive. There are companies out there that exploit drivers that can’t find a job driving for one reason or another( previous accident, incarnation etc.) All big carriers offer you big bonus ($5000-10,000)(bones the dumb dog keeping on chasing it won’t never reaches its (bones)once him or her almost reaches into the carrier will cutting back you miles. As labor becomes more expensive, technology becomes more competitive. But the driver shortage drumbeat also is a bit like crying wolf. It’s almost impossible to get young people into the industry. First, driving a truck is a hard job. Before elog we just went out and did what had to be done. Then new fresh meat are brought in to take our place like we never existed. We should have known better. Anyone talking about a coder shortage? They don’t have a big lobbying group like the ATA, but they certainly have opinions. Plus alot of these disqualified drivers would love too be back in a truck. Since 2005 the American Trucking Associations (ATA) has been releasing reports on the driver shortage. If you do a Google search, you will continue to see news stories reporting on the driver shortage. I went through the report and I’ve pulled out some of the key points made while omitting some of the esoteric economic analysis. Paying better wages, better equipment and retaining older/experienced drivers. Hi I have been a member of this community for 37 yrs. All we want is to be able to live comfortably and that includes our employees. Dont give up, and.. We operate three topic verticals. Market Studies & Technology Selection Guides, Is the U.S. labor market for truck drivers broken, Kinexions ’20 day 1 recap: Supply chain innovation is accelerating, Building an Agile, Adaptable Retail Supply Chain with Real-Time Visibility, The need for rapid transformation raises the bar for supply chain, How to Improve Inventory Management with Real-Time Supply Chain Visibility, 5 Challenges Retailers Face This Holiday Shopping Season. They want to continue to bring in more drivers at low wages and keep the churn going. Therefore putting drivers and others in danger. Without truck drivers, no container, straight truck or trailer can move, and trade, commerce, and the economy will suffer. In Adventures, readers will find articles about how vehicles are part of the gear used for an active lifestyle. A near 100 percent turnover rate reflects a severe problem within trucking. McKinsey estimates that full automation of trucks could slash operating costs by as much as 45% in the next decade, saving the industry over $100 billion. Very few few if the benefit the driver. Qualified opinion leaders are welcome to offer suggestions for opinion columns. how hard can that be? Work 100 hours a week log 70 hours a week get paid for 40 hours a week what a deal. Few people want to drive all day in a world increasingly beset by heavy traffic and driver distractions. In isolation, it’s wrong to simply call this a “driver shortage.” It’s really a “driver shortage given current rates, supply, demand, and other factors.” As economists say, “ceteris paribus,” meaning “all things being equal.” Of course, all things aren’t equal. If you drive a truck you work countless hours for free? The two sectors draw on the same pool of labor. This includes coverage of new products, auto and trucking shows, regulation, technology, and automation. It’s a lack of training, poor pay scale, laws and oversight in the industry that normally cripples the driver . Why’s dont the carrier just gives us $5000-$10,000 upfronts first we talkings about they’ll making millions of dollars annually from DRIVERS driving for company for 3 ..owner operator passes 18 a plus ..run away while you’re still young no retirement no pension dead ended jobs be homeless running from one state to the next state wife and kids will packed up leaves you fxck sign on the door while you’re get home…RUNS AWAY…RUN FOREST RUN…. Is There a Correlation Between Tax Cuts and Tax Revenues? Notify me of follow-up comments by email. Hi Mark, you make a good point! That’s true. Most recently the ATA estimated that the trucking industry ended 2018 with a shortage of more than 60,000 truck drivers. Some say better conditions would alleviate the shortage. Indeed, the trucking industry faces a tremendous driver shortage. There always have been enough new drivers entering the industry. 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In August of 2020, the coronavirus pandemic has reduced alternative job opportunities and temporarily “solved” the driver shortage. Now, they dont even help each other. They disguise team driving as training. In addition, studies have shown a curious relationship between construction and truck driving. It’s been long know that Companies always look at the bottom line. He is a published author at Fortune, Supply Chain 24/7, Modern Distribution Management, and SupplyChainBrain. Now with elog the companies still want us to just go out and do what has to be done. This is clearly demonstrated by their desire to bring in 18-year-olds to drive over-the-road interstate. Trucking moves about $700 billion of cargo in the U.S. annually. Here are two: Is there really a shortage? Demand increased, but there was no reason for supply to increase at a comparable level. They are right. We need what little privacy is available. At the end of the day the big companies have all the real contracts and are meeting the contract terms. Benjamin graduated from Harvard Business School and Yale College. Your email address will not be published. lets see, Roadrunner just laid off 450 drivers in the dry van division. I’m a truck driver because my tongue isnt split in the middle like business men and women! Articles in the Adventure and Research verticals sometimes include affiliate links to help readers purchase gear. In contrast, the rate at firms in a different segment, less-than-truckload, averaged only 12 percent. Lack of parking facilities along with increased detention time at shipping and receiving ,along with never being able to be at my own home or around family is 8 or 900 dollars a week worth thT? We(drivers) can be a force to fix the trucking problems. They are not. You change these two things and people will be knocking your down to work but companies aren’t willing to pay a good wage for the sacrifices being made it’s not an 8 hour a day job it’s 10-12–14 hours a day it’s a rough life and then to be underpaid drivers keeping looking for better opportunities and there are very few companies that pay like this even the ltl industry pays good hourly but avoids overtime pay making feel undervalued and unappreciated the companies complain but they are ones that have the power to change the industry us drivers been fighting for years for this will little to be heard or changed ! The biggest problems in the trucking industry isn’t a lack of drivers. The large warehouses in Canada complain when a truck leaves their warehouse with no hours and gets in a accident and the courts ordered the warehouse to pay the cost medical care of the injured people. They asked, “Is the US labor market for truck drivers broken?” Indeed, the trucking industry faces a tremendous driver shortage. He has been interviewed on CNBC and ABC. The Concept of Socialism, and Communism along the Spectrum of Collective... Verticalization Of Healthcare == Opportunities For Startups, Andrew Ng Is Wrong About Artificial Superintelligence. You have entered an incorrect email address! However, rather than address this, the industry would rather bring in more drivers to keep up with the continuous turnover. There is a so many trucks on the road, that’s why they pay us miserable, Everything stated is true on the money and or fact. MANY CHANGES! Better pay and working conditions seem to have cured that. Moving 80 thousand pounds of freight down the highway is dangerous.

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