Aging Drivers Threaten Trucking
Aging Drivers Threaten Trucking. The trucking industry needs young blood. The ATA estimates the U.S. is 80,000 truckers short of where it needs to be, it has a lot to do with an aging workforce…
Tagged: TruckingReports
Half Of Trucks Could Become Electric
Half of trucks could become electric, report says roughly half of all U.S. and Canadian Class 8 tractors engaged in regional-haul applications could switch to battery-electric technology today with minimal or no impact on operations, productivity, or efficiency.
Trucking Sees New Player Surge
Trucking sees new player surge in the number of newly authorized trucking companies — especially small ones. From July 2020 -Sept, the FMCSA approved more than 104k new for-hire trucking companies, and that’s excluding private fleets…
Driver Shortage Sets New Record
The trucking industry is short 80,000 drivers, a record high, according to the American Trucking Associations (ATA). That’s a 30-percent increase from before the pandemic, when the industry already faced a labor shortage of 61,500…
Drivers Prefer Smaller Firms
Drivers, technicians and office workers in the trucking industry are more likely to be satisfied at small or medium-sized companies, according to WorkHound’s mid-year report. Workhound is a website that provides a forum for those…
Higher Salaries Keeping Some Truck Drivers At Home
With trucking rates so high, companies are wrestling with the new reality that a driver doesn’t need to work a full schedule to pull in a decent salary, David Parker, chief executive of Covenant Logistics…
Trucking may have peaked, analysts say
Data from the Council of Supply Chain Management Professionals’ Logistic Managers Index shows that between May 2020 and February, inventory costs, warehouse prices and transportation prices were between 27 to 39 points higher than the…
Freight Market Robust, Analysts Say
The list of things to like from the current economic, freight and commercial vehicle demand perspectives is long, according to ACT Research’s latest release of the North American Commercial Vehicle Outlook. “From the freight perspective…
Freight Rates Push Vehicle Demand
Record freight rates continue to push commercial vehicle demand beyond truck and trailer manufacturers’ ability to supply equipment in a timely manner, according to ACT Research. Preliminary reports indicate that February’s net order volume of…
Class 8 Registrations Expected To Climb
The number of new Class 8 registrations this year is expected to recover by more than 10 percent from last year, which were down by 26 percent, according to Andrej Divis, director of global heavy…
