According to the American Trucking Association (ATA), we are currently short of more than 80,000 qualified truck drivers. As a result, the supply chain is in chaos and prices are soaring. Several factors are contributing to this shortage, including the shortage of women in the trucking industry.
Wages are also low, which makes it difficult for people to join the industry. Wages haven’t kept up with rising costs, which means the average trucker cannot afford the high cost of living on the road. Shipping rates are also a contributing factor to the low wages.
The shortage is particularly pronounced in full-truckload shipping. Many drivers have to spend many hours in the road and don’t get paid overtime. This means that they’re working 60 to 70 hours per week without compensation. They don’t have health insurance, have to pay for fuel and spend days away from home.
How Many Truck Drivers Short is the US?
The shortage of truck drivers in the US is a growing problem. Last year, the trucking industry faced a deficit of 80,000 drivers. This is a record number. The shortage is caused by several factors, including labor conditions, pay, and regulations. Truck drivers are responsible for moving 72 percent of the economy’s goods.
Supply chain shortages have made finding a job as a truck driver more difficult. Truck drivers are also facing higher costs. Dry vans, which are semi trailers enclosed from the elements, are now more expensive than they were last year. The price of a dry van has increased from $35,000 to $70,000. This will hurt those who are planning to buy a new truck after learning about the shortage.
The shortage in truck drivers has been particularly acute in the On the Road shipping method. Dedicated truck drivers are needed to deliver goods across long distances. This is a demanding career that requires long hours and an intense lifestyle. The shortage has affected shipping times and costs and increased the turnover rate in the trucking industry.
Is America Short on Truck Drivers?
The transportation industry is a critical component of the American economy. Approximately 70 percent of the items we use everyday are transported on America’s highways. This includes fuel, food, healthcare supplies, and other basic necessities. However, there is a shortage of truck drivers. According to the American Trucking Association, there are approximately 80,000 unfilled truck driver positions in the United States.
The shortage is a problem that’s exacerbated by poor wages, poor benefits, and poor respect for drivers. Without drivers, large fleets of trucks will sit idle and unmanned. The average trucker cannot afford the high cost of living on the road. Truck driving is no longer as lucrative as it once was.
The shortage has prompted many to look for alternative employment. One such option is truck leasing. Under lease agreements, the carrier leases a truck to the driver, and the driver is responsible for the regular payments, fuel costs, and other overhead. Once the lease is paid in full, the driver can own the truck. However, many drivers find it difficult to make the payments and end up quitting.
Is There a Trucker Shortage in 2022?
The US trucking industry is facing a shortage of qualified truckers. Inflation is weighing heavily on the nation’s businesses, including the commercial trucking industry. Rising raw material costs and labor costs are making new equipment more expensive. In addition to this, the cost of fuel is also rising. The Heavy Duty Trucking Association estimates that the cost of a new trailer could top $38,000 by 2022. As a result, a trucker shortage is expected to hit 20,000 by 2022.
In addition to a shortage of truck drivers, the US trucking industry is also experiencing a lack of new recruits. According to the American Trucking Association, there are 80,000 more drivers needed this year and 160,000 by 2030. The shortage is due to a high demand for truck drivers, an aging workforce, and a lack of new drivers entering the industry. Moreover, according to an article by the Association, drivers are unhappy with their working conditions, a lack of benefits, and a low pay.
In addition to the lack of new drivers, trucking companies should also focus on targeting underrepresented groups, such as women and veterans. Moreover, automation of the trucking industry can help truckers avoid some of the stress and boredom of daily driving.
Is 2022 a Good Year to Get into Trucking?
As we move closer to the middle of the year, it’s time to think about the future of the trucking industry. Last year, the trucking industry suffered through a massive downturn, but now it looks like things are looking up. There’s a healthy amount of demand, and there are plenty of opportunities for those who want to get into the trucking business. The trucking industry has also seen a number of startup companies that are thriving. One such startup is Pierre Laguerre’s commercial trucking company, which got more than $500,000 in funding, and other startups like HaulPROZ have also had success.
In 2022, the trucking industry is expected to account for 70 percent of all freight transport. By comparison, the rail industry’s share will fall to 14.6%, while the sea transportation market will grow by 7 percent. Additionally, the intermodal industry will hit $30 billion in 2022, up from $11 billion in 2016. With this growth, the trucking industry will continue to experience gradual demand growth, which will help the industry thrive in the future.
How Many Truckers Have Quit?
A new study reveals that truck drivers have quit an average of nine times a year in the United States. This high turnover rate reflects poor working conditions and lack of pay. Trucking has become one of the most unattractive jobs in the country. Truck drivers spend weeks away from home, eat at truck stops and sleep in their vehicles.
While trucking is not the most lucrative career option, trucking is a steady path to the middle class. It doesn’t require a costly four-year college degree and can’t be outsourced. Trucking companies are desperate for drivers, and many offer pay increases and signing bonuses. Drivers have varied experiences but all report that life is hard. They do not get enough sleep and don’t have time to see their families. Furthermore, long hours and a poor diet can take a toll on their bodies. Many drivers report gaining as much as 60 pounds in their first year.
The trucking industry represents more than 1.5 million people in the United States. The number of truck drivers in the US has grown by 15% since 2010. As of October 2016, truckers accounted for 9% of total nonfarm employment.
Why are There So Few Truck Drivers Now?
The shortage of truck drivers is a persistent problem in the US. According to estimates, the trucking industry is currently short of 80,000 drivers. While this shortage isn’t an emergency, it is a sign that the demand for truck drivers is increasing. As a result, trucking companies are increasing wages and benefits to attract more drivers. However, there are fewer qualified drivers to fill the open positions. According to the American Trucking Associations, there is an estimated 80,000-person gap in the labor pool.
This shortage has many root causes. These include low pay, poor benefits and a lack of respect. Without adequate truckers, large fleets of trucks will sit idle in parking lots with no one to drive them. Additionally, the cost of living on the road makes it prohibitively expensive for the average trucker. Once a high-paying career, truck driving is no longer a desirable choice for many people.
This shortage has a negative impact on the entire US supply chain. It drives up costs at stores and suppliers, delays deliveries and higher prices. As a result, the shortage of truck drivers is impacting every area of the economy.
What is Causing the Truck Driver Shortage?
The shortage of truck drivers is real, but not the one most people think. Instead, the problem is a recruitment and retention problem. It is extremely difficult for young people to enter the trucking industry. The age requirement to drive a truck is 21, and many of them already have jobs and are reluctant to take on the additional responsibility.
Trucking companies are trying to recruit new drivers by offering higher pay and sign-on bonuses. C.R. England, for instance, is looking to hire 500 more drivers. Despite the growing demand, they are having difficulty finding enough qualified individuals. According to the American Trucking Association, the industry needs 51,000 more drivers to meet demand. This shortage is causing delivery delays and higher prices.
Truck drivers play an important role in the economy, transporting 72% of goods throughout the United States. In addition to being indispensable to the economy, drivers also work long hours, trek long distances, and wait at warehouses and ports.
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