DRIVERS' SHORTAGE COMMENTS * Canada - Market conditions slow down shortage, but won't stop it
Toronto,ONT,CAN -Today's Trucking -1 Oct 2007: -- ... The Canadian Human Resources Council (CTHRC) estimated a few years ago we'd need 400,000 drivers over the next 10 years. Extending that timeline even further, we'll probably need more by their count... But how much worse is the long-haul situation really going to get when you factor the changing landscape of trucking and any number of market curveballs that have yet to be pitched to the industry??... While a few overheated markets are surly spiking wages, for the most part the industry's behavior towards pay rates, especially for owner-ops, hasn't changed radically enough to signify a major shortage in the short-term... In reaction, a return to a hub-and-spoke distribution system and more regional coastal trucking centered on Asian-driven drayage demand could attract a whole new crop of drivers -- who get to go home at night and wouldn't ever have considered the job otherwise. Further industry consolidation, a renaissance of rail, as well as more intermodal and short-sea shipping could also bite into long-haul demand...
Labels: drivers shortage
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