Global Analysis from the European Perspective. Preparing for the world of tomorrow

Truck driver shortage increases to 80,000; nearly 1 million new drivers needed over next decade

“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. Source TBP

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