OOIDA President Debunks Driver Shortage Myth, Highlights Challenges Faced by Truckers in Overcapacity Market
OOIDA President Todd Spencer provides insight into the alleged driver shortage in the trucking industry, attributing it to the inability of large fleets to retain drivers rather than a true shortage. The influx of new drivers during the pandemic led to overcapacity, resulting in low shipping rates and financial struggles for many truckers. OOIDA is advocating for solutions to address issues such as detention pay, lack of parking spaces, and access to basic facilities for truck drivers.
The trucking industry is facing a significant driver shortage, leading to increased costs, longer delivery times, and reduced productivity.
Improving truck driver health is a critical component in addressing the truck driver shortage and reducing turnover rates in the trucking industry.
According to the American Trucking Association, the estimated professional driver shortage has decreased to 78,000 as of October as compared to the number of 80,000 in 2021.
Eventually, prices are passed to the consumers.
With the trucking sector now short about 78,000 drivers, this is an improvement of approximately 4% to the 80,000-person estimate implied in 2021.
Driver shortage this, driver shortage that. Well, New York is doing something about it.
Keeping younger generations of drivers satisfied and effective in their positions will require digitizing their job’s tasks in an increasingly digitized world.
OOIDA President Todd Spencer provides insight into the alleged driver shortage in the trucking industry, attributing it to the inability of large fleets to retain drivers rather than a true shortage.