Wednesday, October 22, 2014

Driver Shortage Hits Critical Level

(10/22/2014) Truck driver shortage has been a long term issue for the US domestic logsitics. Long working hours, more strict regulations and drug tests, worsen congestion in metro areas, separation from family,... all attribute to shortage of truck drivers. This drive shortage might hit a critical level such that truck carriers has to say 'No' to shippers who need trucking. Due to shortage, the truck carriers will either have to increase transportation charges to shippers or drop shipments that have bad margins.

When the last-mile transportation is more difficult, we will see transportation cost increase in the long run.


(2015/10/27) The industry keeps warning us, but we only hear warnings. Here is another one. For an industry that needs 800K truck drivers, a 48,000 shortage is a serious problem. They say pay gap is one of the reasons. I think people really need to wait for self-driving trucks to solve this problem.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.