According to recent reports coming out of the Canadian Trucking Alliance, it has been mainly due to the fact that nearly 25% of transport truck drivers are in the 55 – 64 years of age group and getting set to retire in the coming years.
What is causing the shortage of truck drivers?
“Part of the shortage is drivers leaving the industry because they are retiring,” he said in an email, noting that the average age of drivers is mid to late 40s. “Some people do get into the industry and realize that the lifestyle is not for them,” Costello added, “but I don’t know what percentage that is.
Is there a trucker shortage 2022?
WASHINGTON — While the American Trucking Associations (ATA) estimates in 2022 that the truck driver shortage will remain near its historical high at nearly 78,000 drivers, other industry leaders say that there is no shortage at all.
How long will truck driver shortage last?
The industry must recruit nearly 1.2 million drivers over the next 10 years to replace drivers leaving voluntarily or involuntarily and avoid the driver shortage ballooning to more than 160,000 in 2031, the ATA still projects.
Is truck driving worth it 2022?
Trucking is one of the highest-paying careers that doesn’t require a college degree. Additionally, the longer you stay with a company, the more you’ll be rewarded with bonuses and pay increases for safe driving records and performance. Another advantage of being a trucker is the opportunity to travel.
What will happen to the trucking industry in 2022?
According to the American Trucking Association’s U.S. Freight Transportation Forecast to 2022, freight tonnage will spike 24 percent in 2022, resulting in a 66 percent revenue increase in the industry. A large portion of the rise for 2022, and even for the next decade, is dominated by the trucking segment.
Why are so many truck drivers retiring?
Many drivers are approaching retirement age, and there are not enough young drivers to take their places and keep up with increased demand for drivers. The average age of a truck driver in the United States is 46. And the average age of new drivers just entering the industry is 35.
Are truckers going out of business?
As the supply slowly fell throughout 2021 and 2022, the overwhelming number of auto transport workers had more competition than ever, with slimmer pickings. This has now caused thousands of truckers to lose their businesses.
How can the shortage of truck drivers be overcome?
5 ways to combat the truck driver shortage
- Offer increased mileage rate. Truck drivers are often paid per mile because it allows for flexibility and efficiency while still receiving a good wage.
- Improve onboarding procedures and talent teams.
- Attract new hires.
- Lower the age requirement.
- Highlight company culture.
How do you solve truck driver shortage?
How can shippers help solve the truck driver shortage?
- Increase driver pay. The laws of supply and demand indicate that when there is a shortage, prices must rise.
- Increase freight rates. The freight rate is the overall cost of shipping an item from Point A to Point B.
- Reduce time on the road.
- Use LTL shipping.
Why is trucking so slow right now?
Many freight experts have seen a slower ride this year as a weakening economy has forced home builders, retailers and other businesses to cut back on shipments during what is traditionally the peak holiday season for trucking companies.
Is truck driving hard on your body?
Without physical workout, it causes the body to gain weight and leads to obesity. According to CDC research, seven out of ten truckers are obese in the U.S. alone. One truck driver even informed the researchers how common it was to become obese while driving trucks and long hauling vehicles.
Do truckers have a future?
With 70% of all goods in the US are moved by the trucking industry – which is an USD$800m+ economic value – we’re going to need more trucks and truckers on the road. The struggle is that in 2022 there is an estimated 80,500+ shortfall in drivers needed in 2022 and this figure is forecast to reach 162,000 by 2030.
What is the most profitable truck driving job?
9 Highest Paying Trucking Jobs
- Ice Road Drivers.
- Oversized Load. Salary: $71,442 per year.
- Specialty Vehicle Haulers. Salary: $82,099.
- Team Drivers. Salary: $96,573.
- Private Fleet. Salary: $95,999 – $110,000 per year.
- Mining Industry Drivers. Salary: $58,862.
- Liquids / Tanker. Salary: $88,024.
- Hazmat Drivers. Salary: $65,466.
How much longer will trucking be around?
The American Trucking Association estimates that the 2021 driver shortage capped at 80,000 drivers. According to experts, if this current trend continues, the trucking industry could need more than 160,000 drivers by 2030.
What will replace truck drivers?
Autonomous trucks could one day replace more than 90% of all highway trucking, which could have a profound impact on as many as 500,000 long-haul truckers, a new study found. Why it matters: Automation, and its potential impact on human labor, is a widespread concern for workers in many industries.
Why are truck loads so cheap 2022?
Carriers don’t have enough drivers to drive the trucks that they own, while there is too much capacity on the market to haul the amount of freight. Rates become depressed as carriers aggressively undercut one another hoping to move loads.
Why do truck drivers get 110 years?
Last month, Rogel Aguilera-Mederos, a 26-year-old truck driver with no criminal record, received a 110-year sentence for accidentally killing four people because his brakes failed as he approached stalled traffic on a Colorado highway.
At what age do most truckers retire?
Furthermore, OOIDA states, “Most independent drivers plan on retiring at 67 years of age with the largest majority of them expecting social security to pay for their retirement.”
What is the average age of a truck driver?
9.0% of all commercial truck drivers are women, while 91.0% are men. The average age of an employed commercial truck driver is 48 years old.
What are the truckers protesting in CA?
What are the truckers’ arguments? The California Trucking Association argued that the ABC test is preempted by the Federal Aviation Administration Authorization Act, which overrides state laws related to interstate commerce.