The driving factors behind the trucking shortage
Apr 30, 2018
The growing shortage of qualified truck drivers in the U.S. is affecting multiple industries, as moving product becomes increasingly more expensive and difficult to book. More than 70 percent of goods consumed in the U.S. are transported by truck, and businesses are struggling to meet the demand for freighting services. According to an industry analysis, for every truck available, there are an estimated 12 loads waiting to be shipped.
Fleets are also suffering from a lack of qualified drivers, which amplifies the effects of the shortage on carriers. This means that even as the shortage numbers fluctuate, it remains a serious concern for our industry, for the supply chain and for the economy at large.
Learn more about how recent regulations and high freight demand are affecting this ongoing issue here.
Why should you care? This problem is plaguing the supply chain on a national level and isn’t getting better any time soon. Being aware of the concern can help you adjust forecasting accordingly to minimize the effects on your business and customers.