x
Breaking News
More () »

Truck driver shortage increases to 80K; nearly 1 million new drivers needed over next decade

The shortage is determined based on the amount of available freight and the number of drivers needed to haul that.

LOWELL, Ark. — The driver shortage has risen to a record high of 80,000 amid traditional demographics challenges and issues related to the COVID-19 pandemic, according to the American Trucking Associations (ATA).

“This is an over-the-road, for-hire truckload problem,” said ATA Chief Economist Bob Costello. Private and less-than-truckload fleets are facing hiring issues, but the shortage largely comprises long-haul or over-the-road drivers.

He said the shortage is determined based on the amount of available freight and the number of drivers needed to haul that. During the Great Recession, he noted a significant decline in freight demand led to a driver surplus.

The shortage is up from 61,000 in 2018, he said. However, the driver shortage declined in 2019 and before COVID in 2020 as freight demand softened.

Click here to continue reading from our content partners Talk Business & Politics.

RELATED: NWACC to roll out new CDL truck driving program

RELATED: Supply chain issues cause auto part shortage, impacting local body shops

Paid Advertisement