Addressing the Driver Shortage
Despite worrisome unemployment figures nationwide, the shortage of truck drivers is closing in on 100,000, and some are predicting that by 2012 it could be as severe as half a million.
The turnover rate was a staggering 75 percent for the first quarter of 2011, up from 39 percent a year earlier. American Trucking Associations’ chief economist Bob Costello notes that hiring has become more challenging in the wake of CSA and other stepped-up regulations.
So what to do? A number of companies are investing in innovative recruitment and training programs to attract drivers. What will unfold over the long-term remains to be seen, of course, but proposed hours-of-service changes are certain to complicate matters.
What are your ideas for addressing the driver shortage? We would love to hear from you!
truck driver shortage , truck drivers , trucking industry