- Truck Driver Shortage Worsens With a 90% Turnover Rate
Although unemployment rates in the US have been slowly recovering since the economic downturn in 2008, the trucking industry continues to face a steep and steadily worsening shortage of truck drivers. As freight volumes keep increasing, this shortage is becoming an even bigger problem for the trucking industry.
- Is "Uber" for Trucking Coming Because of the Driver Shortage?
It may be well known that there is a driver shortage in the trucking industry. As a truck driver, you know that not having enough drivers to deliver freight puts stress on you while you're trying to get as much done as possible. Sometimes you're even doing the work of multiple drivers in the same amount of time as one. On the Move Solutions (OMVS), a company who focuses on developing cutting-edge technology in a variety of fields of business, might possibly have a solution for this dilemma.
- Trucking Really Ramps Up for Business
Truckers do more than move merchandise. They also move the economy. And with economic forecasts looking solid, truckers can expect a steadily growing demand for freight services. That means more jobs and more miles. Are you and your truck ready?
- What Are the Top Critical Issues for Truckers
Each year, the American Transportation Research Institute issues a list of the most critical issues for truckers. Some indicate a need for change in trucking legislation, while others are demonstrative of how much trucking legislation has improved the industry. Today, we'd like to cover some of the top issues truckers are facing in 2014.
- Truck Drivers Are in Demand as Shortfall Swells
More American goods move by truck than any other mode of transportation, but a growing shortage of commercial truck drivers has the potential to create a nationwide shipping crisis in the not so distant future. According to the American Trucking Association (ATA), the trucking industry is currently short of 30,000 drivers; but that shortfall is expected to swell to 200,000 truckers over the next 10 years.
- The Driver Shortage Debate
Many feel increasing stringent federal regulations impacting drivers, especially new driver hours of service regulations and mandatory electronic onboard recorders, will have a dramatic impact on the driver pool.
- Indiana Carriers Adopting Creative Hiring Solutions
About 14,000 registered trucking companies of Indiana face a serious recruiting challenge due to a nationwide shortage of qualified drivers. To meet the demand for drivers, these companies are now finding creative ways to hire good people. They are looking at the option to hire veterans, moving nearer to their workforce, and offering perks such as opening training facilities and more days off.
- A Rising TCI Gives New Hope to the Trucking Industry
The Trucking Conditions Index (TCI) of FTR rose to 5.8 in August, compared to 4.4 in July. Since the beginning of 2011, despite a weakening economy, the TCI continued to hover in a mildly positive zone.
- Current Trucking Trends That Can Help You Prepare For The Future
This can be seen in the fact that, of the 6.8 million people employed in the trucking industry, more than 3 million are drivers. Although in the past female and minority inclusion in this job market was rare, there are an ever-growing number of drivers making up these groups.
- UCLA Anderson Forecast says Economic Recovery on Track
Ed Leamer, the director of the University of California Los Angeles (UCLA) Anderson Forecast, reported that trucking business activity showed a decline in January 2011 using a 12-year tracking model. The good news is that economic recovery continues to gain momentum, though the January decline does need explanation.
- Trucker Shortages Loom for 2011 – Truck Industry Bucks Global Trend
With much of the US economy experiencing shrinkage in 2010 as the world weathered the worst recession since the Great Depression, the trucking industry bucked the trend. The US economy needed 200,000 new truckers in 2010, with a further 200,000 needed for 2011, according to the Council of Supply Chain Management.