DRIVE Act

Trucking Updates: Costs Rise as Driver Shortage Tightens With No End in Sight

Trucking Updates:  Costs Rise as Driver Shortage Tightens With No End in Sight

Driver Shortage: 

According to the American Trucking Associations, the industry is short nearly 63,000 drivers with that number expanding to over 270,000 for the entire Class 8 truck market according to FTR Transportation Intelligence.(1,2)  Capacity tightened this year with enforcement of the ELD mandate in April and is expected to worsen by 2020 when carriers must comply with the online driver drug testing database.(3) Within the next 10 years, the industry is expected to be short 890,000 drivers.(4)